Bitcoin Stumbles to End Miserable Week for Cryptocurrencies

Speaking of crummy markets… crypto has not been much of a shining gem in the dynamic fintech world lately. What did we say before about playing volatility in crypto?

Even a little spike on some federal securities news didn’t last all that long for this sluggish bear.

The largest cryptocurrency fell 1.8 percent to $6,536 as of 11:10 a.m. in New York. Ether also slipped on Friday, giving back much of Thursday’s 10 percent jump that followed a statement by the top U.S. markets regulator that transactions involving the world’s second-biggest token aren’t subject to federal securities rules.