Bitcoin Reclaims Almost All of the Losses From Thursday’s Rout
Market Intelligence Analysis
AI-PoweredBitcoin has made a significant recovery, regaining nearly all of its losses from Thursday's price drop, with a 11.4% increase to $70,300 on Friday.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Bitcoin rose as much as 11.4% to $70,300 on Friday. The selling picked up steam this week in line with the unwinding of leveraged bets and broader market turbulence. Bitcoin is experiencing its worst volatility since the collapse of crypto exchange FTX, with failed rebounds leading to new waves of forced selling.
Analysis and insights provided by AnalystMarkets AI.