The price of Bitcoin was falling, following a weekend rebound. Bitcoin was mounting a tentative recovery. A slowdown in price declines extended the weekend rebound, following a sharp fall that plunged the cryptocurrency to near $60,000. Bitcoin price was just below the key $70,000 level.
Bitcoin prices were falling over the weekend before a tentative rebound began to take shape. The slowdown in declines extended the rebound after a sharp fall that plunged the cryptocurrency to near $60,000. Traders watched cross-asset moves as they assessed near-term momentum and the potential for a sustained rebound. With volatility remaining a feature of crypto markets, a break above the $70,000 mark could signal broader upside, while renewed weakness would keep the outlook uncertain.
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