-
Bitcoin struggles to find direction after four straight weekly losses
Bitcoin fluctuated after recording its fourth straight weekly decline, struggling to find clear direction as a weekend rally lost momentum. The largest digital token ended Sunday down 2.6% for the week, a brief gain that pushed it near $71,000 on Saturday. Bitcoin fell a further 2.1% to $67,360 as of 10:45 a.m. in New York on Monday, while the second-largest cryptocurrency Ether fell to $1,948. Bitcoin has plunged more than 40% from its all-time peak near $127,000 in October, struggling to latch onto rallies in gold or equities. According to data from CoinGecko, the broader crypto market has lost nearly $2 trillion ... (full story)