The bears continued to push bitcoin south in the past 24 hours, and the asset dropped to a weekly low of just over $62,000.
In just a matter of hours, BTC lost more than $6,000 of value to an intraday bottom of $63,000.
This time, the cryptocurrency fell to $62,300 , which was the lowest price point since November 7th.
Since then, though, ETH has lost roughly $300 and currently struggles to remain above $4,600.
Solana also reached a new peak recently at $260, but it’s down to $225 as of now.
LTC is down by nearly 10% in a day to $250.