Investing.com– Bitcoin’s price fell on Friday amid a dearth of any major positive cues for crypto assets, although losses in the token were limited by persistent speculation over lower U.S. interest rates.
The token recouped some of last week’s losses, but still remained largely within a trading range established through most of this year, as retail interest in crypto dwindled and hype over the launch of spot-Bitcoin exchange-traded funds died down.
Uncertainty over crypto’s regulatory outlook also weighed, as Democratic presidential candidate Kamala Harris was seen gaining an edge over Republican nominee Donald Trump after a heated presidential debate.
fell 0.5% to $57,891.5 by 01:22 ET (05:22 GMT).
Bitcoin set for weekly gain, but remains within $50-$60k trading range
The world’s biggest cryptocurrency was trading up 6.9% this week, with a bulk of these gains coming from bargain…
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