Bitcoin Having a Cyber Monday Bounce

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FILE PHOTO: Representation of the bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Representation of the bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

Thunder Bay – TECH – Bitcoin is up in early trading on Monday. After falling to the $53,000 level on Sunday, the crypto is now trading at $56,986.52.

Over the past three days, Bitcoin prices were in decline.

Falling below $54,000 on Sunday was the price drop to the lowest point in a week.