Bitcoin Cash BCH is rallying Friday as Bitcoin BTC snaps back from late-Thursday weakness, reigniting risk appetite across crypto markets. Bitcoin ripped higher on the day, up about 12% to reclaim the $70,

Bitcoin nearly grazed $60,000 on Thursday as investors shied away from the asset due to growing concerns over its utility.

Momentum often begets more momentum, particularly in the crypto sector, and this has been the case for investors in Bitcoin Cash. A nice move of more than 3% over this past weekend has Bitcoin Cash approaching a 52-week high. Let's dive into a few key ...

The original cryptocurrency, pitched as “digital gold,” has lost nearly half of its value since Oct. 6, when it hit a record high of $126,210.50, according to crypto trading platform Coinbase. As of 2 p.m. ET, the currency was trading at $66,301.

Bitcoin prices have fallen from a peak of more than $126,000 in October to under $64,000 as of Thursday afternoon.

Bitcoin suffered its latest bloodshed on February 4, dropping to almost $72,000 as various factors combined to trigger continued declines in the digital currency.

There's always a risk you're catching a falling knife when you buy any asset during a crash. But if you see the long-term potential, now may be a good time to buy Bitcoin. Just make sure it only accounts for a small portion of your portfolio.