Bitcoin’s price turned choppy on Friday as the No. 1 cryptocurrency by market capitalization logged its worst weekly performance since March 2020 when the pandemic hit the global economy.
- Bitcoin (BTC) trading around $46,244 as of 21:00 UTC (4 p.m. ET). Slipping 5.7% over the previous 24 hours.
- Bitcoin’s 24-hour range: $44,180.99-$49,325.91 (CoinDesk 20)
- BTC trades below its 10-hour and 50-hour averages on the hourly chart, a bearish signal for market technicians.
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