Bitcoin (BTC) reversed its overnight climb to $94,000, dipping back to $92,000 during U.S. hours Thursday, continuing choppy rangebound action after the wild moves first lower, than higher earlier int he week.
Ethereum’s ether (ETH) held up relatively well, down only 0.7% on the day and changing hands above $3,100 in the afternoon hours. Among altcoins, XRP (XRP), Hedera (HBAR), Bitcoin Cash (BCH) and privacy-oriented Zcash (ZEC) led the downside with 4%–5% declines, while the broad-market CoinDesk 20 Index was 2% lower.
Despite the pullback, BTC continues to hold well above the support leve