“Cryptocurrencies do not remain aloof from politics, and they are weakly confirming the role of an alternative to the banking system now,” shared Alex Kuptsikevich, financial analyst at FxPro, in an email to CoinDesk. “With a sharp decline over the weekend, bitcoin wiped out the initial gains, gave away the positions to bears after the third straight week of gains.”
Bitcoin Creeps Toward $40K as Surging Oil Prices Create Bear Market Worry
