Bitcoin Round-Trips Its Way Back Under $35K as Fidelity's Timmer Calls It 'Exponential Gold'

A late Wednesday/early Thursday pump higher in bitcoin (BTC) saw the price nearly punch through $36,000 for what would have been the first time since the spring of 2022. The move, however, appeared to trigger a wave of sell orders, with bitcoin now having tumbled almost $1,300 over the past few hours to the current $34,700.