Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce


$ 121,599.2
€ 104,217.1
¥ 38,800.0
£ 90,096.0
BTC
3.21 %
$ 4,278.72
€ 3,667.89
¥ 1,364.69
£ 3,171.24
ETH
2.24 %
$ 275.43
€ 236.15
¥ 87.91
£ 204.33
XMR
0.94 %
$ 123.69
€ 106.04
¥ 39.48
£ 91.67
LTC
3.67 %

BTC and altcoin prices succumbed to this week’s negative newsflow, but sentiment analysis and on-chain data point to the possibility of a short-term bounce.