Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Bitcoin ( $67,226.00 ) (BTC) is attempting to reverse its weekend sell-off, although the cryptocurrency’s price could face short-term resistance around $53,000-$55,000. BTC was trading around $50,000 at the time of publication and is up about 3% over the past 24 hours.