News Snapshot:
Bitcoin (BTC) attempted to reclaim $40,000 as support on April 12 after a troubling start to the week saw BTC/USD hit three-week lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView u201cExtraordinarily elevatedu201d CPI data due Data from Cointelegraph Markets Pro and TradingViewu00a0showed the largest cryptocurrency bouncing to $40,200 on Bitstamp on April 11 after falling to just $39,300. Spurred on by a bleed-out in tech stocks, in particular, Bitcoin looked decidedly unappetizing on short timeframes, and those previously betting on bullish continuation were left empty-handed. According to on-chain monitoring resource Coinglass, the past 24 hours cost crypto traders a total...
