HomeUncategorizedBitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive By Cointelegraph

Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive By Cointelegraph

May 24, 2022

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Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive

(BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it revisited its lowest levels of the past seven days.

BTC/USD annotated chart. Source: Michaël van de Poppe/ Twitter (NYSE:)
1-hour candle chart (Binance). Source: TradingView