Digital Assets Weekly: June 9th, 2020
Jun 9, 2020
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Market Analysis
This week, Bitcoin’s price volatility dropped to its lowest level since the Black Thursday crash on March 12th; indicating a sustained lack of definitive direction in the market over the past few weeks.
Following Black Thursday, Bitcoin rallied over 150% leading up to the mining reward halving, but has yet to establish a prolonged break above its key $10K resistance level. As of June 8th, it was trading at $9,771.
