Bitcoin price today: down to $58k after weekend sell-off
Investing.com-- Bitcoin price fell on Monday, extending a sell-off seen over the weekend as sentiment towards crypto markets remained frail following a deep rout over the past month.
But this notion ran out of steam over the weekend, with crypto tokens seeing extended selling in the past two days.fell 4.3% to $58,520.7 by 01:52 ET . Trading volumes were also somewhat muted on account of a Japanese market holiday.The world’s biggest cryptocurrency was rangebound between $50,000 and $60,000 over the past week, after sinking as low as $49,000 earlier.
While stock markets saw some recovery in recent sessions, with Asian shares advancing on Monday, crypto lagged this rebound, given the market’s more speculative nature.
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