Bitcoin Slides Below $121K as Gold and Silver Rallies Take Breathers

An attempted bitcoin (BTC) rally back toward a record high was quickly snuffed out and reversed in morning U.S. action on Thursday. Trading just below $124,000 just ahead of the opening of the stock market, bitcoin pulled back to below $121,000 about ninety minutes later. The action happened alongside pullbacks in previously red-hot gold and silver markets. Gold has been making most of the headlines of late, but the action in silver may have been today's driver. Up 50% from the April lows, the metal hit ...