Bitcoin Hovers Near $84K After Friday Dip
Bitcoin stabilized around $84,000 after falling to $83,229 on Friday, retreating from an earlier weekly peak above $87,000.
Bitcoin spent much of Friday trading between $84,000 and $85,000 before a sharp price swing briefly sent it below that range.
The cryptocurrency touched an intraday low of $83,229, then settled near $84,000. That left it below its earlier weekly high of more than $87,000.
Bitcoin.com News reported $71 million in liquidations amid the intraday reversals and cited macroeconomic pressures as a drag on sentiment. The supplied report did not detail those pressures.
Source: Bitcoin.com News