Bitcoin and Cryptocurrencies Pull Back While Dow Experiences Record-Breaking Rally

Bitcoin and Cryptocurrencies Pull Back While Dow Experiences Record-Breaking Rally

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Bitcoin and the cryptocurrency markets are experiencing moderate pull-back while the Nasdaq, S&P 500, and the Dow erase their Christmas losses. Bitcoin and other cryptocurrencies experienced a strong rally leading up to Christmas, with total market capitalization surging from $122 on Wednesday, Dec. 19th to $146 billion on Christmas day, Dec. 25th; an increase of…