Bitcoin falls nearly 10 percent in a week, marking its worst weekly performance since March’s Black Thursday. The losses followed the cryptocurrency’s recovery from below $4,000 to $10,000. Profit-taking sentiment, miner capitulation, and uncertain macroeconomic outlooks further warn of deeper declines. Bitcoin recovered mildly at the beginning of this week after closing the previous one in severe losses. The benchmark cryptocurrency fell nearly 10 percent to close the seven-day timeframe at $8,715. The move downhill […]
