Bitcoin Trading Below $30,000 Amid US Debt Ceiling Concerns; Render and Mask See Week’s Biggest Gains
As of 7:30 p.m. on Friday in Hong Kong, Bitcoin, the world’s largest cryptocurrency by market capitalization, was trading at US$26,846, marking a 1.78% rise from May 12. Meanwhile, Ether increased by 2.44% over the week, trading at US$1,808. Both cryptocurrencies have been trading under considerable pressure, with Bitcoin consistently below US$30,000 since April 19…