) prices extended their losses on Monday, putting the leading cryptocurrency on track for its third-worst week of 2024. Yahoo Finance'sBitcoin siding today, already heading for its third worst week of the year and to break down the currency's moves.
Now there's a couple of reasons why this could be happening first, the Japanese crypto exchange that was hacked more than 10 years ago Mount Gox well, that an exchange announced that it would start repayments of big coin and Bitcoin cash in July. And the markets may also, by the way, be seeing investors preferring to put their money, perhaps to work in other asset classes, especially as we have seen tech outperform this month, sending the markets to new highs.Spot Bitcoins have seen six straight days of out lows, and this is coming after funds are preparing to launch ETF S investing directly in ether.Remember that it trades on a 24 7 basis.Right now we're at 61 just above 61,000.
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