Bitcoin declines to $20.7 thousand after 5.58% jump on Saturday

Bitcoin fell to $20.7 thousand in early Sunday trading, jumping 5.58%, to $21.044 thousand by the end of Saturday trading, the highest it had achieved since November 2022.

The cryptocurrency Ethereum climbed by 0.77% to $ 1358 thousand, after posting a significant rise in the start of today's trading of 7% to $ 1552, according to CoinMarketCap.

Cryptocurrency gains, by the end of last week's trading, came with changing investor sentiment, reflected in higher prices for technology companies and other high-risk assets.

Bitcoin posted its worst performance of the year at $ 16.496 on January 1.

The cryptocurrency market has fallen to significant lows over the past months, amid investors abandoning high-risk assets in the face of high inflation, and fears that central banks' rate hikes will hinder growth.

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