) continued to trade lower on Monday, as markets remained in consolidation ahead of a pivotal week of economic events./USD slipped to an intraday low of $28,360.50 earlier today.
This move saw bitcoin briefly fall below a key support point at $28,500, hitting its lowest point since April 27 in the process.Overall, bitcoin remains nearly 4% higher than at the same point last week, when prices were close to the $27,000 mark. As a result of today’s sell-off, the relative strength index has dropped to a floor of its own at 50.00.rebounding from its earlier low, and currently trading at $28,591.66.
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