Bitcoin Price Drops to $58K Following Weekend Sell-Off

Reported 2 months ago

Bitcoin's price fell to $58,520, down 4.3% on Monday, continuing a weekend sell-off influenced by weak sentiment in crypto markets. After a brief respite last week, marked by optimistic trends in broader financial markets, Bitcoin has been trapped between $50,000 and $60,000 this past week. Broader altcoin markets also declined, with notable drops in Ether and XRP as market participants await key inflation data from the US.

Source: YAHOO

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