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Bitcoin trades above $80,000 after breaching last week

Bitcoin touched about $84,000 after breaking above $80,000 last week, according to TradingView News. Investor Jason Calacanis described the move as a “dead-cat bounce” and questioned Bitcoin’s relevance 17 years after its creation.

BTCUSD

Bitcoin price touched the $84,000 level just now after breaching $80,000 last week. Investor Jason Calacanis described the move as a dead-cat bounce and questioned Bitcoin’s relevance 17 years after its creation, saying it is not well-suited to transact.