Cryptocurrencies
Bitcoin Struggles to Hold $6,000 Level After 2018 Low Hit
- Largest digital currency crossed February bottom on Sunday
- Cryptocurrencies under scrutiny after South Korean hacks
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Bitcoin bulls are seeking support at the $6,000 price level after the battered digital currency dropped below that threshold for the first time since February over the weekend.
The biggest cryptocurrency rose less than 1 percent from its Friday close to $6,103 as of 8:44 a.m. in New York, according to composite Bloomberg pricing. It slumped to as low as $5,780 on Sunday, breaching the previous 2018 nadir set in February, according to weekend Bitstamp prices. Rival coins including Ripple, Ethereum and Litecoin were little changed.