Week in review: bitcoin’s fresh correction and record volumes in Russia’s crypto market


Week in review: bitcoin’s fresh correction and record volumes in Russia’s crypto market

The price of digital gold dipped below $104,000; Russia’s crypto market led Europe by volume; a contentious Bitcoin Core update landed; and more from the week.

Bitcoin and the market — another pullback

At the start of the week the price of the first cryptocurrency continued to recover from the 11 October sell-off. It held above $115,000 before sliding.

The pullback sharply accelerated on Friday, 17 October, amid mass liquidations — mostly of long positions. The price of digital gold fell below $104,000.

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Hourly…

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