Status board at Bithumb Lounge Gangnam Main Branch in Seocho-gu, Seoul./Courtesy of News1

Bitcoin, which plunged more than 10% on the week of the 3rd, is holding the $70,000 level this week.

According to CoinMarketCap, a global virtual asset market tracker, as of 8:20 a.m. on the 10th, the price of Bitcoin was $70,382, down 1.34% from 24 hours earlier. Bitcoin, which had repeatedly fallen sharply to $70,000 on the week of the 3rd, is moving sideways while holding the $70,000 level.

Ethereum, the No. 2 by market cap, was up 0.06% at $2,108, while Ripple was down 0.07% at $1.44. Most other virtual assets are also swinging up and down around 1%. With U.S. employment data and the consumer price index, key gauges for the U.S. market, due on the 11th and 13th, traders are taking a wait-and-see stance.

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