Bitcoin retreats after weekend rally to record of nearly $50,000
The digital token dropped as much as 6.1% to $45,893, paring its advance so far this year to about 60%.
By Bloomberg | Updated:
Signs that the financial industry may widen its embrace of Bitcoin fueled the weekend jump.
Bitcoin slid on Monday after a weekend rally that took the largest cryptocurrency to an all-time high of almost $50,000.
The digital token dropped as much as 6.1% to $45,893, paring its advance so far this year to about 60%. Signs that the financial industry may widen its embrace of Bitcoin fueled the weekend jump.
Bitcoin trades 50% below all time high, below $62,000 as geopolitical uncertainty weighs on crypto sentiment2026-06-10T07:32:46Z
