Bitcoin appeared to stabilize on Sunday after an unusually harsh sell-off, but the largest cryptocurrency was still on track for its worst weekly performance in eight months.As of press time, bitcoin (BTC) was changing hands just below $35,000, up 1.6% over the past 24 hours. More than $1.5 billion of bitcoin trading positions were liquidated over the past three days due to … [Read more...] about Bitcoin Heads for Worst Week in 8 Months as Traders Lament 'Pikachu Pattern'
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Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry
Bitcoin rose toward $61,000 on Thursday, albeit within a choppy trading range. Analysts have mixed views about the short-term direction of BTC’s price, which is up about 2% over the past 24 hours.On Wednesday, El Salvadorian President Nayib Bukele tweeted that his government had “bought the dip,” adding an additional 420 BTC to the treasury, the equivalent of around $25 … [Read more...] about Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry