BTC rebounds slightly despite Jane Street sell-off rumors

Bitcoin has posted a slight rebound despite market rumors of selling pressure from major U.S. market-making firm Jane Street, Cointelegraph reported. Speculation had circulated that Jane Street was driving down prices through algorithmic selling at 10 a.m. U.S. time each day. Jane Street has denied the allegations, calling them "baseless claims." The outlet added that other potential reasons for the price rebound include extremely thin exchange order books and a short squeeze. BTC is currently trading at $65,470.19, up 3.73%, according to CoinMarketCap.