Bitcoin Ends Fifth-Straight Week in the Red

Published by
The Street

By Tony Owusu Bitcoin prices are still up 60% year to date, but the cryptocurrency is testing multiple support levels. Bitcoin prices fell for a second consecutive day, marking fifth consecutive week of declines for the the world’s largest cryptocurrency by market share. Prices were able to rebound off session lows with a single bitcoin falling as low as $45,700 Friday afternoon before rallying by up near $47,000. The crypto market was falling in-tandem with the major indices which recorded significant losses Friday. The Dow Jones Industrial Average fell well over 1% while the Nasdaq fell near…

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