Home / Market Update / Cryptocurrency / Bitcoin Extends Losses amid Selling Pressures
Bitcoin
Bitcoin

Bitcoin Extends Losses amid Selling Pressures

Bitcoin maintained a negative trajectory on Monday, moving within a downward trend due to selling pressures.

The world’s largest cryptocurrency in terms of market capitalization fell by more than 5% over the past 24 hours, extending its losses over the past seven days to about 2.5%.

Bitcoin is currently trading near 54,866, according to data by Coin Market Cap.

Check Also

The Euro’s Moment? Weak US Data and ECB Action Set the Stage

The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This …