Price of Bitcoin continues its sideways shuffle

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City AM

By Darren Parkin Bitcoin continues to drift around $27k, in line with a slowdown in tech stocks as investors wait for corporate earnings from big tech companies to get a health check on the sector and the economy. Ethereum is down 1.7% from yesterday, having now pulled back 13% from last week’s highs following the Shanghai upgrade. Green candles are a rare sight today, with Avalanche (AVAX) (+2%) being among a few to improve on yesterday’s position. While there’s been a marked pullback in the last week, Standard Chartered remains upbeat about Bitcoin’s future prospects. In a note published yes…

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