Bitcoin zigzags crazily on its way to a comeback
Over the 22 business days in July, Bitcoin swung a total of 40.7% from its low on July 20 of $29,308 to a high on July 31 of $41,598. By mid-morning on Aug. 2, it has fallen 5.6% from that summit to $39,396. On its two least volatile days, July 22 and 23, its variances from low to high were 2.8% and 2.9%. On 11 days, or half the time, it was worth at least 5% more at its best level than at its worst. Its biggest leap from bottom to top: 17.7% on July 26 on speculation that Amazon might be venturing into digital currencies.
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