Bitcoin stuck to $29,000 at the April 27 Wall Street open as United States gross domestic product (GDP) growth missed expectations.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD once again stagnant after flash volatility the day prior.
The largest cryptocurrency had liquidated over $300 million in long and short positions after a snap correction over claims that Mt. Gox and U.S. government Bitcoin had left their wallets.