Bitcoin bulls struggle to pare the weekend’s losses despite a strong start on Monday.
Bitcoin started March nicely but whether it can match its previous winning streak is yet to be seen.
“Cash is king in times of distress, not bitcoin,” said one market watcher.
Bitcoin’s bulls are taking over the market again.
There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.
The brokerage’s venture into cryptocurrency has increased the company’s quarter-on-quarter growth threefold.
After a lot of drama, bitcoin’s back to trading where it was a few days ago.
The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.
There are still several psychological barriers for bitcoin to break, even as it passed a key milestone of $1 trillion in market capitalization.
Cryptocurrency exchange Binance’s in-house BNB tokens have shot to a $40 billion valuation, ranking them third among digital assets behind bitcoin and Ethereum’s ether.