First Mover Americas: Bitcoin Drops From $70K as Bullish Signal Strengthens

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First Mover Americas: Bitcoin Drops From $70K as Bullish Signal Strengthens
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Jamie Crawley is a CoinDesk news reporter based in London.

Bitcoin's price fell below $69,000 during the European morning having briefly topped $70,000 late on Monday.

BTC is currently priced at about $68,900, down just over 0.2% compared to 24 hours ago. Other major crypto tokens also dropped, and the broader digital asset market, as measured by CoinDesk 20 Index , lost 0.70%. Crypto exchange Bitfinex said on Monday that. This trend has now stalled, however, with the number of net accumulating BTC addresses growing over the past month, a sign of increasing bullish sentiment.

in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

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