On Friday, Bitcoin clocked its worst weekly performance in more than a month. The world’s largest cryptocurrency by market cap inches closer to a key support level of $30,000.
Bitcoin on Friday morning was trading at $31,363 as of 8:30 a.m. ET, according to data from CoinMarketCap. Cryptocurrencies have struggled to rebound from a massive crash in May when the value of the total market dropped by nearly half in just seven days.