Bitcoin Slips Below $118K, ETH, XRP Pare Big Gains, but Rally Remains on Firm Ground, Says Coinbase

Description

The crypto rally cooled off on Friday as the "crypto week" optimism over Congress passing landmark crypto legislation and President Trump potentially opening up retirement accounts for digital asset investments turned into a profit-taking opportunity. Bitcoin (BTC) slipped to $117,500 during the U.S. session from trading above $120,000 earlier, down 0.6% over the past 24 hours. It's also now just about flat week-over-week even after Monday's rally to just below $124,000. Ether (ETH) earlier Frid...