Bitcoin’s Price Bounces Above $21,000, Reversing Weekend Slide

view original post

Bitcoin and other cryptocurrencies bounced back Tuesday, after a tumultuous holiday weekend marked the lowest prices in more than a year.

Bitcoin rose 4.6% to $21,435.25 after falling as low as $17,601.58 on Saturday afternoon, according to CoinDesk data—its lowest since November 2020. As of Tuesday, bitcoin was down 69% from its record high in November 2021. It closed Friday at $20,627.21.