Bitcoin and other cryptocurrencies barely changed their trajectory on Friday, but pressure remains after the recent sell-off wiped out most of the gains of the latest cryptocurrency rally. However, cryptocurrencies could stabilize given the severity of the declines made.
The price of Bitcoin has been almost flat over the past 24 hours, holding at $26,750. Bitcoin started the week near $28,000, but the selloff pushed the price down to its lowest level this month. The biggest digital asset is now back in the $26,000 zone, which dominated for more than a month until the end of September and set an unchanged range in historically low volatility and trading volumes, reports Barron’s.
2023-10-13 11:25:38
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