Bitcoin Prices Barely Budge. The Coming Days Could Bring a Big Move.
Bitcoin
and other cryptocurrencies were little changed Thursday as digital assets continued to stagnate within a relatively depressed trading range. Cryptos could be poised, however, for a big swing before the week is over.
The price of Bitcoin has traded flat over the past 24 hours at around $16,800. The largest crypto continues to trade in a range between $16,500 and $17,000—a zone that has held for weeks now, and represents Bitcoin at depressed levels since the shock bankruptcy of FTX late last year sent prices spiraling from above $21,000.