Bitcoin ends week ‘on the edge’ as S&P 500 officially enters bear market

(BTC) struggled to recover its latest losses on May 21 after Wall Street trading provided zero respite.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at dipping below $28,700 into the weekend, subsequently adding around $500.

(DXY) 1-hour candle chart. Source: TradingView
BTC/USD monthly returns chart (screenshot). Source: Coinglass