Bitcoin Rebounds to $58K After Midweek Slump: Is the Worst Over?

The post Bitcoin Rebounds to $58K After Midweek Slump: Is the Worst Over? appeared first on Coinpedia Fintech News After hovering around the $60,000 mark earlier in the week, Bitcoin broke through support on Wednesday evening as U.S. traders celebrated the July 4th holiday, beginning a sharp decline. By Thursday morning, BTC dipped to $56,750 before recovering slightly. Despite a final drop below $56,900 around mid-morning, Bitcoin’s price rebounded 5% throughout the afternoon. As …