Bitcoin prices fell to a new four-week low of $70,600 on Thursday evening. Coinbase, a major exchange, also recorded a fresh 28-day low. The decline marks a continuation of the downward trend that has plagued the market over the past month. Bitcoin's losses have now reached four weeks, with no signs of recovery in sight. The market is currently in a state of uncertainty, with investors watching closely for any signs of stabilization. Ether has also struggled to keep pace with bitcoin, underperforming over matched one- and four-week windows.
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.