Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything...

Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says

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Source: Coindesk.com

Both equities and gold have fallen along with bitcoin, the report noted. Coinbase said bitcoin’s recent pullback was below its historical range. The cryptocurrency’s price discovery still remains rooted in global demand trends, the note said.

Bitcoin’s (BTC) recent weakness has not been isolated to crypto markets and therefore

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The post "Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says" appeared first here Coindesk.com.

Source: Coindesk.com

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