Market Wrap: Bitcoin Outperforms as Traders Prepare for Next Leg Higher

Market Wrap: Bitcoin Outperforms as Traders Prepare for Next Leg Higher
Bitcoin’s rally faded on Tuesday, suggesting that buyers took some profits around the $68,500 all-time price high. The cryptocurrency is up about 5% over the past week, compared to a 3% rise in ether over the same period.Despite a short-term pullback, some analysts are maintaining upward price targets for both BTC and ETH over the next month.“There is a positive sentiment that often engulfs the crypto markets toward year’s end,” Galina Likhitskaya, vice president at smart contract audit company HashEx, wrote in an email to CoinDesk. Likhitskaya has a price target around $80,000 for BTC by the end of the…