Bitcoin posts modest recovery after recent declines but remains under pressure amid continued crypto market volatility.
Bitcoin recorded a slight recovery against the U.S. dollar on Friday after posting consecutive declines in previous trading sessions.
According to the latest market data, one Bitcoin was valued at $73,545.37 on May 29, rising by $198.95, or 0.27%, compared with the previous day’s closing price of $73,346.42.
Despite Friday’s modest rebound, Bitcoin remained under pressure over the past week. The cryptocurrency declined by $2,925.63 during the seven-day period, reflecting continued volatility in global digital asset markets.
Bitcoin traded as high as $77,063.36 on May 25 before falling sharply in subsequent sessions.
The largest single-day decline during the week came on May 26, when Bitcoin dropped by $1,446.07, or 1.91%. Losses continued on May 27 and May 28, pushing the cryptocurrency below the $74,000 mark before Friday’s limited recovery.
Monthly data also showed negative performance for the digital currency. Bitcoin declined by $2,361.81, or 3.21%, compared with April 29, 2026, when it traded at $75,907.18.
On a year-on-year basis, the cryptocurrency recorded a much steeper decline. Bitcoin fell by $32,396.78, or 44.05%, from its value of $105,942.15 on May 29, 2025.
Market analysts said cryptocurrency prices continue to face uncertainty amid shifting investor sentiment, global economic concerns and fluctuations in demand for digital assets.
Investors are closely monitoring macroeconomic developments and regulatory trends that could influence Bitcoin’s direction in the coming weeks.
