Bitcoin Steadies Near $42,000 After Token’s Worst Stretch Since August
- The token sank almost 8% in the three days through Monday
- Orbit Markets predicts more volatility lies ahead for crypto
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Bitcoin traded near $42,000 after a turbulent stretch that lopped almost 8% from the largest digital asset and stirred predictions of more volatility heading into year-end.
The token posted the drop from Saturday through Monday, the worst three-day performance since mid-August, according to data compiled by Bloomberg. The retreat from almost $45,000 dragged down wider crypto markets too.