Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks

Bitcoin (BTC) attempted a late weekend rally, but even those small gains were mostly reversed in early U.S. action Monday, with the price quietly settling in near the $90,000 area for the remainder of the day. Trading around $90,500 as U.S. stocks closed, bitcoin was lower by about 1% over the past 24 hours. Altcoin majors also struggled to hold on to their gains. Ethereum’s ether (ETH) slipped slightly lower, but outperformed a bit and climbed to its strongest relative price against BTC in more than a m ...