Bitcoin gave up recent gains Wednesday morning after rising in five of the last six days.
Bitcoin and the wider crypto market has correlated with technology stocks because of "legacy market capital entering the fold," Sean Farrell, head of digital asset strategy, wrote
in the note Friday.The FSInsight report also said Ethereum is undervalued relative to cloud platforms, and ether, which is the native token of the network, could reach $12,000 in 2022.
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