Bitcoin Price Taps $67,500 Intraday Low as Bears Tighten Grip
By Jamie Redman
Bitcoin’s price has deteriorated sharply, with the leading cryptocurrency trading near $69,140 after touching an intraday low of $67,500 per unit. Despite the decline, several oscillators suggest selling pressure has reached stretched levels, raising the possibility of a temporary rebound. The daily timeframe’s…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Markets
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