BTC Faces Enhanced Volatility as US Govt Sells Silk Road-Related Bitcoin, BCH Completes 2nd Halving: This Week’s Crypto Recap

This week was quite a volatile rollercoaster for the primary cryptocurrency and the rest of the market, perhaps driven by actions undertaken by the US government.

However, Bitcoin failed to overcome that resistance line decisively. The subsequent rejections, especially the last one yesterday, drove it south hard. In a matter of hours, the cryptocurrency dumped to under $65,000 to chart a2,000 BTC, which it had confiscated from Silk Road to Coinbase.

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