Bitcoin Skids, $14 Bil In Options Due; Cathie Wood Raises Cash
The price of bitcoin on Friday retreated to near its March low as a wave of options were set to expire today while upheaval in the Middle East continues. Cathie Wood and her ARK Invest firm over the past few days have been laying low in terms of stock purchases as they rotate into cash.
Bitcoin's price early Friday retreated near $66,200, approaching its March 2 low around $65,400. Bitcoin's price has been relatively rangebound since early February, trading between $63,000 and $76,000.
The retreat comes as $14 billion in bitco
The price of bitcoin on Friday retreated to near its March low as a wave of options were set to expire today while upheaval in the Middle East continues. Cathie Wood and her ARK Invest firm over the past few days have been laying low in terms of stock purchases as they rotate into cash.
Bitcoin's price early Friday retreated near $66,200, approaching its March 2 low around $65,400. Bitcoin's price has been relatively rangebound since early February, trading between $63,000 and $76,000.
The retreat comes as $14 billion in bitco
23 days ago
