Bitcoin continued its decline after strong rises over the past week, putting pressure on cryptocurrency markets in a struggle between positive and negative sentiment.
On the positive side, the markets remain optimistic that the SEC can approve the launch of bitcoin instant exchange-traded funds (ETFs).
Investors consider the levels recorded by Bitcoin to be exaggerated, stressing that there are no real tangible factors supporting the rises.
On Sunday, Bitcoin witnessed a slight stabilization but recorded 1.5% of losses during the week, trading at $36.5K, according to coinmarketcap.
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