Sea Of Red: Crypto Carnage Continues As Bitcoin Rebound Stalls

Guess what? Bitcoin hasn't rebounded. Wait, that's not entirely true. Over the weekend, it has managed to remain well above the Friday morning lows when it abruptly plunged below $11,000, but on Sunday it headed back below $14,000 and is down more than 10% in the last 24 hours. More importantly, it's still sitting down some 30% from the highs hit late last weekend ahead of the CME futures launch. Here's an annotated one-week chart with notable events: “The West is what’s causing this s