Bitcoin at $26.4K

Bitcoin at $26.4K Set for Weekly Gain

The world's largest crypto has bounced from a 3-month low below $25,000 hit on Monday.

he price of bitcoin (BTC) is modestly lower during U.S. trading hours on Friday, but at its current $26,300 is ahead about 2% from week-ago levels.
The crypto began the week with sizable losses, dipping below $25,000 for the first time since mid-June over worry bankrupt crypto exchange FTX was soon to begin unloading all of its digital assets, which included more than $500 million worth of bitcoin.

Solana's SOL also advanced earlier today, but then swiftly dipped more than 2% following the court decision. The imploded exchange holds $1.16 billion of the token, stoking fears about dumping, but part of the stash is locked as venture investment and not available for sales. Despite the decline, SOL was still up 1.2% for the day