Bitcoin fluctuated after posting its fourth consecutive weekly loss, with the cryptocurrency struggling to find clear direction as a weekend rally fizzled.
The largest digital token ended Sunday down 2.6% for the week, erasing a small bounce that briefly took it close to $71 000 on Saturday. Bitcoin edged 0.2% higher to $68 955 as of 9:45 a.m. in London on Monday. Ether, the second-largest cryptocurrency, was up slightly at $1 988.
Bitcoin has dropped more than 40% from its all-time peak near $127 000 in October, struggling to latch onto rallies in gold or equities. The broader crypto market has lost almost $2 trillion in value over the same period, according to data from CoinGecko. – moneyweb.co.za
