Bitcoin price retags $69K as G7 oil plan hangs in the balance

Bitcoin managed to avoid losses suffered by global stock markets over oil supply uncertainty, with a 5% relief bounce from its weekly open level.

Bitcoin (BTC) returned to $69,000 at Monday’s Wall Street open with markets in limbo over the Middle East oil crisis.

Key points:

Bitcoin sees a rebound after dropping below $68,000 for the weekly close.

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