Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K

At press time, bitcoin (BTC) was changing hands around $ 42,100, up 2% in the last 24 hours, based on CoinDesk pricing. The cryptocurrency had been on the brink of a seven-day losing streak that would have been the longest since 2018, but the price turned on Saturday, making a small profit and has been on an upward trajectory ever since.