Posted 4/8/2024, 1:34:25 PM
Bitcoin Rebounds Above $72K After Volatile April Start
- Bitcoin regained $72,000 on Monday after a rocky start to April where it fell below $69,044
- Bitcoin saw steady 2% gains over the weekend before jumping 4.45% in 12 hours on Monday
- Over $58 million in short positions were liquidated in the past 24 hours due to market volatility
- Ethereum spiked 6.9% in the past day despite lagging behind Bitcoin over the past month
- Bitcoin's price is anticipated to increase around the upcoming halving event on April 20, though past performance does not guarantee future results