Bitcoin Slips Again as Market Struggles to Recover from Sharp Weekly Losses

Bitcoin drifts lower after weekend gains, with traders expecting range-bound movement between $80k and $90k as markets await the Fed’s policy signals.

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Bitcoin Slips Again as Market Struggles to Recover from Sharp Weekly Losses

Bitcoin Slips Again as Market Struggles to Recover from Sharp Weekly Losses
Bitcoin showed renewed weakness on Monday after briefly sliding more than 2% and dipping below the $86,000 mark during early Asian trading. Although the token later recovered to around $87,986 by mid-morning in Singapore, sentiment remains fragile following last week’s drop to $80,553. Traders note that despite improving institutional interest and recent policy gains under the Trump administration, the broader crypto market is still in a pronounced downturn. 
Orbit Markets’ Caroline Mauron, early-session moves remain within normal volatility ranges, and Bitcoin is likely to trade between $80,000 and $90,000 this week as investors await signals from the Federal Reserve’s upcoming rate decision.
Companies:
  • Orbit Markets
Tags:
  • crypto
  • bitcoin