Bitcoin

The price of Bitcoin (BTC) settles in the range of US$63 thousand to US$64 thousand

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Bitcoin fluctuated between $63,000 and $64,000 during Asian and European mornings on Tuesday, consolidating its recovery from last week’s plunge below $57,000. Despite pulling back from Monday’s high of around $65,500, BTC appears to have settled into a range comfortably above the $60,000 level. At the time of writing, its price was $64,114, virtually unchanged from its price 24 hours earlier, but still up about 10% since the beginning of May after falling more than 16% in April. The broader digital asset market is down 1.33% since yesterday, as measured by the CoinDesk 20 Index (CD20).

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