#BinanceAlphaAlert Bitcoin drops to $74,000 before rebounding as cryptocurrencies join global market rout
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Bitcoin trimmed earlier losses in afternoon trading Monday, after joining the global market sell-off over the on tariff-fueled recession fears and dropping more than $10,000 over the weekend.
The price of bitcoin was last lower by more than 1% at $78,146.03, according to Coin Metrics. That was off its earlier low of $74,420.69, but down from a Friday high of nearly $85,000. It's sitting about 28% from its January peak.