Bitcoin Drops 5.47% in a Week, Ending September 7, 2024

Bitcoin, the world's leading cryptocurrency, has experienced a notable decline of 5.47% over the past week, ending on Saturday, September 7, 2024.

Bitcoin price dropped by 5.47% over the past week, closing at $54,138 on Saturday, September 7, 2024.

Commencing the week on a downturn, Bitcoin lost 3.05% on Sunday, September 1, dropping to $57,272 after losing $1,749. However, Monday brought some recovery, with Bitcoin surging by 3.43%, adding $2,031 to trade at $59,303.76.

This brief uptick offered a glimmer of hope for investors, but the positive sentiment was short-lived. On Tuesday, the cryptocurrency saw another dip, losing 2.52% as it dropped to $57,844.

Mittwoch saw a small rebound as Bitcoin managed to gain 0.49%, bringing its value to $58,127. However, the momentum turned sharply downward again on Thursday when Bitcoin plummeted by 3.68%, wiping $2,061 from its value and closing at $56,066.

By Friday, the decline worsened as Bitcoin fell by an additional 4.54%, reaching its lowest point of the week at $53,629. Finally, on Saturday, September 7, 2024, Bitcoin made a modest recovery, gaining 0.94% to close at $54,138.

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