Bitcoin rebounds back above 36k

As noted here on Friday and again yesterday evening; it was not much of a surprise to see Bitcoin lead the whole crypto sphere lower. Well, in fact it was actually Ether that did that, but that is beside the point. It was always going to be a tough weekend for all the leading coins given the news flow on Friday afternoon and subsequent price action ahead of the weekend. Well, the fact that Bitcoin did hold above 30k is perhaps a good reason why it is rebounding quite well so far today. The move higher comes following some positive news out of Russia earlier today which does rather contradict the stance taken, and repeated by China on Friday. Now as to whether or not that will provide enough support to reignite the upside fully does remain in doubt. Nevertheless, Bitcoin has performed pretty well so far since. The price has just low reclaimed the 36k handle. It is currently trading at 36,370