bitcoin and other cryptocurrencies have held up better than stocks amid recent market pressures a bullish signal that belies the fact that digital assets look to be losing momentum and could take a sharp leg lower soon the price of bitcoin rose 1 to above 21300 on tuesday inching higher after a selloff on friday plunged the largest crypto from above 23000 to below 21000 weakness at the end of last week came in tandem with a rout in the stock market which was repeated on monday when the sp 500 tumbled 21 in its worst day since june 16