Reported 11 months ago
Bitcoin prices are on track for their third worst week of 2024 as the leading cryptocurrency continues to experience losses. Ines Ferré from Yahoo Finance analyzes current market trends and factors contributing to the decline in Bitcoin prices, including a Japanese crypto exchange starting repayments in July and investors diversifying into other asset classes. Despite recent losses, Bitcoin is still up almost 40% year-to-date, trading near $61,000.
Source: YAHOO