Today news
About the same in other media
Bitcoin climbs back above $49,000 in biggest jump since November
Reading now: 115
For the first time in five days, Bitcoin rose the most in over a month, briefly climbing back above $49,000 amid a general rebound in risk sentiment.
The largest cryptocurrency by market value gained as much as 5% to $49,331 in New York trading, the biggest intraday increase since 18 November. Bitcoin had slumped about 30% over the past five weeks after setting a record high of almost $69,000 early November.
Bitcoin may have put in a bottom in the midst of an enduring bull market, mirroring the recent crude oil peak, as per Mike McGlone, a commodities strategist for Bloomberg Intelligence. Showing divergent strength, the crypto was the standout and most significant major macroeconomic asset that advanced on Dec. 20, he wrote.
“The
Read more on livemint.comAbout this in other media
Bitcoin rises above $51K as the dollar flexes muscles against the euro cointelegraph.com /3 years ago
Bitcoin climbs to $51,000, hits highest in more than two weeks economictimes.indiatimes.com /3 years ago
Bitcoin climbs to $51,000, hits highest in more than two weeks business-standard.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
