First Mover Americas: Bitcoin Bounces Back From Friday Lows

First Mover Americas: Bitcoin Bounces Back From Friday Lows


This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.

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Bitcoin (BTC) has gained ground again after hitting lows of $25,800 late Friday, rising to $27,400 early Monday morning. Markets are preparing for a busy week ahead with U.S. retail sales data to be released Tuesday and Federal Reserve Chair Jereome Powell to speak on Friday. Stocks and commodities were also climbing early Monday. Some traders believe bitcoin’s holding of the $27,000 level over the past few days is

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