Stephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
Bitcoin's flat-to-downward price action continued on Friday, with the crypto now lower by 12% in August
is again trending lower during U.S. trading hours, the price sliding back to $58,000 just before noon on the east coast. Bulls at this point might have a hard time imagining if there's anything at all that might shake up the poor action, but things could get exciting when the U.S. returns from the Labor Day holiday next week as a new wave of economic reports might alter the macro picture.
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