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Bitcoin drifts lower, hope for gains fades
CoinDesk·
Bitcoin prices have retreated to around $62,500, diminishing hopes for two consecutive days of gains following last week's significant crash. While cryptocurrencies saw a rise on Monday, the overall market sentiment suggests that bearish forces remain dominant. Analysts are observing the market closely to determine if the current trend indicates a sustained downturn or a temporary consolidation before potential future rallies.
Tickers
$BTC-USD
Tags
crypto
markets
Original Source
CoinDesk — coindesk.com