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Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase

Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.

Bitcoin's price ran into a wall of sell orders at $50,000. (Shutterstock)
Bitcoin's price ran into a wall of sell orders at $50,000. (Shutterstock)