After touching USD 6,600 earlier on Monday, the average price of bitcoin (BTC) rallied c. 10% in around 7 hours, jumping to USD 7,300 before going lower. Major altcoins are also correcting their losses.
At pixel time (14:18 UTC), bitcoin trades at c. USD 7,199 and is up by almost 1% in the past 24 hours, trimming its weekly losses to 16%. The price is down by 21% in the