Bitcoin price marked lowest weekly close since November 2020

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City AM

By Darren Parkin The price of Bitcoin remains below $19,000 this morning, where it’s been for most of the past week. The largest cryptocurrency by market capitalisation was changing hands for $18,783, down around 1.5 per cent over the past 24 hours. Last week’s drop means that yesterday marked Bitcoin’s lowest weekly close since November 2020. It was a flat weekend in other alt markets, with Ethereum continuing to disappoint investors who thought the recent Merge event could spark an uplift in price. It’s down to around $1,300 this morning, down more than a percentage point since this time yes…

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