Bitcoin had the most volatile weekend in a year as Bitcoin slipped as low as $64,550 after reaching a new all-time high of $72.760 on Thursday, March 14. As of press time, Bitcoin has recovered to trade around $68,300. However, several price swings between 3% – 7% have been prevalent throughout the weekend.
Bitcoin has seen fairly stable weekend trading since the launch of the Bitcoin ETFs in the US earlier this year, with most of the volatility occurring early in the week during US trading hours. However, further analysis of weekend periods throughout 2023 reveals that flat weekends were a trend for much of 2023.
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