Bitcoin Briefly Regains $83,000 After Falling to Monthly Low
Bitcoin rebounded on Friday after hitting $80,308 on Thursday, lifting its market capitalization back to about $1.66 trillion.
Bitcoin briefly rose back to $83,000 on Friday, recovering from a sharp decline a day earlier, according to Bitcoin.com News.
The cryptocurrency had touched $80,308 on Thursday, its lowest price so far that month. Friday’s rebound brought its market capitalization back to roughly $1.66 trillion.
Trading remained volatile around $83,000, which acted as a resistance level. The recovery came as liquidations across the crypto market eased, though the brief move did not establish a sustained reversal.
Source: Bitcoin.com News
