Bitcoin rebounds after a dip into bear-market territory. Are consumers coming again for crypto?
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Bitcoin rose Friday afternoon after the largest cryptocurrency repeatedly dipped into the bear-market territory earlier this week.
The benchmark token
BTCUSD rose 2.9% to trade at around $103,781 Friday afternoon, at last check — about 18% below its record high of $126,272.76, reached on Oct. 6. Bitcoin tested bear-market territory several times this week, after falling below the $100,000 mark on Tuesday, according to the Dow Jones Market Data.