Bitcoin Recovers Over $10K Since the $81K Bottom but Markets Brace for Historically Bearish December: Weekly Crypto Recap
The crypto market cap recovered more than $300 billion since last week’s low.
Although the extreme volatility from the previous few weeks has seemingly disappeared, at least for now, BTC’s latest price swings show a more promising picture, with the asset climbing above $92,000 earlier today.
But before we head into these developments, let’s quickly recap what transpired in the crypto markets exactly a week ago. Bitcoin had already corrected by more than $15,000 since November 11, when it topped $107,000, but the bears kept the pressure on and drove it south even harder last Friday.
At the time, the cryptocurrency plunged to a seven-month low of under $81,000, losing…
