Bitcoin Completes Second Full Week Below $20K as Aptos Finds Market Bottom

By Jocelyn Yang

Bitcoin notched its 14th consecutive day of trading below $20,000, but was holding remarkably steady despite ongoing turmoil in traditional markets.

Bitcoin (BTC), the largest cryptocurrency by market capitalization, was trading at around $19,100, little changed in the past 24 hours. The CoinDesk Market Index was up 0.5%. Ether (ETH) was up 1.4% to $1,310 as of press time.

The historically high-volatility crypto market remained unusually stable this week compared with traditional markets whipsawed by speculation over the Federal Reserve’s plans.