Bitcoin Slides Toward $46,000, Dropping Alongside U.S. Stock Market

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“The sell wall at $49,200 has muted all attempts to push higher and get the market believing again,” Matt Blom, head of gross sales and buying and selling on the digital-asset agency Eqonex, wrote Thursday in a e-newsletter. “Hopes and dreams of BTC north of $100,000 have been shattered.”