BTC falls below $73,000 in continued slow trading

The latest of the Middle East peace agreements appears to be more far-reaching than the dozen previous agreements. Stocks continue to rise, bond yields are falling, and oil has fallen again to near its lowest level in three months.

However, no news has been able to raise cryptocurrency prices.

Bitcoin (BTC) has fallen back to $72,500 in US morning trading, down about 0.5% over the past 24 hours and down 5.5% over the past week. Other major cryptocurrencies are seeing similar declines.

Bitcoin started May at around $77,000, so absent a sizable rally over the next 60 hours, BTC will go negative for the month, ending a two-month winning streak.

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