Bitcoin Sees Support at $10,000 After Giving Back Much of Rally
- Largest crypto coin stabilizes after 21% slump since Friday
- Alt-coins Bitcoin Cash, Litecoin pare losses in volatile day
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Bitcoin stabilized at around the $10,000 level after a sell-off erased much of its monster gain from last week.
The largest digital asset pared most of its earlier 7.8% drop on Tuesday and was trading at $10,454 as of 11:49 a.m. in New York. Other cryptocurrencies also pared their declines, data compiled by Bloomberg show.