Bitcoin Is Back Below $17,000. Crypto Traders Can Use a Break.
Bitcoin
and other cryptocurrencies were little changed Monday, with uncertain investor sentiment after a selloff last week positioning digital assets for potentially more volatility in the days to come.
The price of Bitcoin has gained 0.5% over the past 24 hours to $16,750. The biggest digital asset climbed to almost $18,500 at the peak of last week’s trading — the highest levels since crypto exchange FTX’s bankruptcy last month rocked markets — but has since slipped back. Bitcoin remains at less than one-quarter of its late-2021 all-time high.
