Bitcoin caps a dismal week as price wallows 50% below its all-time high
From cnbc.com
Bitcoin ’s dire start to June worsened early on Friday, with the cryptocurrency on course to trade more than 15% lower for the week. Prices had fallen to their lowest levels since early April on Tuesday after crypto treasury company Strategy sold a small amount of its bitcoin holding, weighing on sentiment. Meanwhile, tech stocks have been under pressure, bringing an end to an extended rally, after Broadcom’s revenue miss on Wednesday sent semiconductor stocks lower. A bitcoin rebound, or characteristic dip-buying by investors, is yet to take place. It was last seen trading at $62,500, meaning it is down by about ...
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