Bitcoin Bounces Off $3,500, Analysts Skeptical That Crypto Bottom Is In

On Saturday, after Bitcoin’s days of relative stability at $4,300, a fresh wave of selling pressure washed over crypto investors worldwide, sending Bitcoin well below its purported support levels at $4,000 and $3,800. The move, which came alongside an influx of trading volume, came seemingly unanswered at first. Bitcoin’s market cap shriveled to a mere $62 billion, while altcoins underwent a sharp sell-off, sending this industry’s cherished assets off metaphorical cli