Bitcoin settled near $71,000 on Friday after falling below $69,000 in the previous session, as volatile oil prices and caution over the Federal Reserve's hawkish monetary policy outlook affected risk appetite.
The largest cryptocurrency in the world traded down 0.3% at $70,675.70 by 09:42 AM (Saudi time).
Bitcoin fell to $68,814.40 on Thursday, when a surprise spike in crude oil prices led to a broad retreat across risk-sensitive assets.
The largest cryptocurrency in the world traded down 0.3% at $70,675.70 by 09:42 AM (Saudi time).
Bitcoin fell to $68,814.40 on Thursday, when a surprise spike in crude oil prices led to a broad retreat across risk-sensitive assets.