Bitcoin Recovers After Traders Buy the Dip – MENAFN.COM

Bitcoin Recovers After Traders Buy the Dip – MENAFN.COM

(MENAFN - Daily Forex)

Bitcoin managed to recover from a six-day losing streak today as some traders took the opportunity to buy the dip.

Yesterday, Bitcoin lost ground for the fifth consecutive day, losing 2.09% against the US dollar, closing the session at the 49,116.3 level, and hitting a seven-week low.