Bitcoin Trades Around $84,000 as Crypto Stocks Slip
Bitcoin bounced. A bit.
The leading currency recently traded around $84,000, rising back above the prices below $77,000 seen late last week that were in the neighborhood of their pre-election levels but retreating slightly from levels logged earlier today.
That recovery has come as crypto trading volume has fallen, Oppenheimer analysts wrote in a note published Tuesday, with investors’ risk appetite pressured by trade-related uncertainty that has counteracted enthusiasm about the crypto industry’s prospects after President Donald Trump’s reelection.
“It’s unfortunate to see Trump’s on-and-off again tariffs have driven bear market concern, recession fear, and pullback of retail trading,” they wrote. A silver…
