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Bitcoin rebounds from its worst week in more than a year, jumping above $57,000

undefined 10, 2024

Bitcoin rebounds from its worst week in more than a year, jumping above $57,000 (2 min)

Source: cnbcfm

Bitcoin surged to $57,000 on Monday, up 5.6%, following Wall Street’s rebound from a tough week. Last week, Bitcoin fell 9%, marking its worst performance since August 2023. Coinbase and MicroStrategy also saw gains. Bitcoin’s price has been fluctuating and is sensitive to broader market trends. Analysts suggest that stability in U.S. equities could ease selling pressure on Bitcoin and support a recovery.

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