Bitcoin Price Struggles to Mount Recovery as Chinese New Year Saps Trading Volumes

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Heading into Thursday evening, the cryptocurrency market continues to feel uncomfortably quiet, with the Bitcoin price consolidating below $3,400 during the final days of the Chinese New Year celebration — an event that some analysts say is depressing crypto trading volumes. In the altcoin markets, Bitcoin SV staged a pivot back above $60, still failing to recapture its former #10 position in market capitalization. Basic Attention Token jumped 10% today. Ethereum hasn’t done much either way. Is the pricing of most tokens about to become much more accessible to retail investors? From where we stand today, there’s not much evidence

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