Bitcoin Touches Four-Week Low as $25,000 Becomes the Fresh Focus
- Largest cryptocurrency declined by about 9% last week
- $30,000 had become the rally point for Bitcoin enthusiasts
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Bitcoin reached an almost four-week low, with the cryptocurrency continuing to lose momentum since breaking above $30,000 earlier this month for the first time since June.
The original digital currency was little changed on Monday after earlier falling as much as 1.9% to $26,989. That was the first time the price was below $27,000 since March 28. Other digital assets were mostly flat to higher, with Ether little changed and Avalanche up about 2%.