Strong Selling Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery

The price of bitcoin fell to $58,867 around 2:00 PM ET on Thursday, but by 8:50 PM it had climbed back above $60,000. The initial drop reflected strong selling pressure, but the subsequent rebound – albeit slow – suggests a potential recovery could be on the horizon. Bitcoin Recovers $60,000 After Market Drops: Traders Face $191M Losses (…)