Bear Trap? Bitcoin Slips to One-Week Low Amid Low Volumes

The leading cryptocurrency by market value fell to $7,087 at 08:10 UTC – the lowest level since Nov. 27, according to Bitstamp data. At press time, bitcoin has recovered to $7,220, representing an 8 percent drop from the recent high of $7,870 reached on Nov. 29.

Author: Omkar Godbole

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