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Bitcoin ends its truce and sinks to 2020 lows

The cryptocurrency ends its truce of more than a month at the edge of $30,000.

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Bitcoin ends its truce and sinks to 2020 lows

The cryptocurrency ends its truce of more than a month at the edge of $30,000. It has finally broken down, with severe declines causing new lows since 2020.

Analyst warnings were clear. Such a prolonged lock-up period in bitcoin, virtually frozen on the brink of $30,000 for over a month, often triggers sharp breakout moves, both up and down.

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