Bitcoin
and other cryptocurrencies took a breather Wednesday, paring gains from a rally that has lifted digital assets to the highest levels in months. But the next week holds key macro catalysts that could see cryptos make another big move.
The price of Bitcoin has shed less than 1% over the past 24 hours to $22,700. The largest digital asset has slipped back from the peak of its recent rally to near $23,500, having charged more than 30% higher in two weeks to levels not seen since before the collapse of crypto exchange FTX rocked the market in November.