CryptoWatch: Cryptocurrency hedge funds rebound in April, gaining more than 80%

Cryptocurrency prices were mostly unchanged on Wednesday as the No. 1 digital currency continued to trade in a narrow range.

After pushing toward the $10,000 mark, the momentum has subsided and investors are wondering if the slowdown is a concern for digital currency owners.

“The lows are still getting higher, as are the highs and the fact we bounced off $9,000 this morning is a good thing,” said Mati Greenspan, senior market analyst at eToro. “Certainly a break of $10,000 would be good, but consolidation is great for adoption.”

The price of a single bitcoin BTCUSD, +1.60% last changed hands at $9,221.37, up 0.7% since Tuesday’s levels at 5 p.m.

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