Volatility strikes again – markets take overnight battering, though is rebound already on cards?
Crypto at a glance
The week ends as it began a sea of red. After appearing to recover this weeks early losses and stabilise at more than $50,000, Bitcoin saw a vicious drop late Thursday and had fallen to as low as $44,279 this morning. It has since recovered slightly above $46,000.
The drop marks a volatile week for Bitcoin. Its now looking down the barrel of only its third double digit weekly loss in the last 11 months.
Bitcoin has suffered just eight weekly declines in that time, which has enabled…