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Bitcoin weakness persists as crypto steadies after bruising week
Bitcoin began the week on the back foot following a prolonged selloff that has put the token on track for its worst month since 2022. After regaining some ground over the weekend, the original cryptocurrency fell as much as 2.3% to briefly dip below US$86,000 this morning, before paring losses. It was trading at US$87,986 as of 10.24am in Singapore. While that’s substantially higher than the Friday lows of US$80,553, traders see little cause for celebration. The wider crypto market is in a pronounced slump despite surging institutional adoption and a series of policy wins pushed for by US President Donald Trump, ... (full story)
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