Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash

Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash

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Source: Coindesk.com

Crypto prices rebounded only a bit with bitcoin (BTC) hitting $55,000 during the U.S. trading session Monday after earlier in the day plunging to just above $49,000.

At press time, bitcoin was trading at $53,000, down 10% over the past 24 hours. The broad-market benchmark CoinDesk 20 Index also posted a similar rebound, but was still 13%

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The post "Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash" appeared first here Coindesk.com.

Source: Coindesk.com

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