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Coingape

Will Bitcoin Price Recover When US Govt. Opens? On-chain Data Shows Recovery Might Take a While

Bitcoin price continued its downward slide below $105k on Tuesday, extending a bearish trend that has plagued the market. In the last 24 hours, Bitcoin saw a 4% decline, pushing its weekly losses to 10%.  Risk-off sentiment in the equity market has also contributed to the crypto market crash. This decline comes after a seriesThe post Will Bitcoin Price Recover When US Govt. Opens? On-chain Data Shows Recovery Might Take a While appeared first on CoinGape.

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