Bitcoin (CRYPTO: BTC) recorded seven consecutive red weekly candles for the first time in its history.
What Happened: According to data from Benzinga Pro, BTC fell to a low of $25,400 last Thursday. Over the last seven weeks, BTC has lost over 50% of its value. At the beginning of April, BTC was trading at $46,700.
At the time of writing, the leading digital asset was trading at $30,400 with a trading volume of $28 billion.
See Also: HOW TO BUY BITCOIN (BTC)
#bitcoin just made history by putting in 7 red candles on the weekly chart in a row!
This has …
Full story available on Benzinga.com