Today news
About the same in other media
Bitcoin price back over $50,000, as market calms after weekend turmoil
Reading now: 670
business-standard.comBy Alun John
HONG KONG - Bitcoin rose 1.5% in early Asia on Tuesday, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday's sharp and sudden plunge.
The world's largest cryptocurrency was last around $50,800, having closed a choppy day on Monday 2.2% higher.
"The general confidence in crypto is still high and market sentiment is coming back as we saw a general risk-on mood on Monday. Omicron's effect looks a lot milder than the market has digested," said Edison Pun, senior market analyst at Saxo Markets in Hong Kong.
Tuesday's calm followed quite a storm.
Bitcoin fell as much as 22% to just under $42,000 on Saturday on a combination of profit-taking and
Read more on business-standard.comAbout this in other media
Only a paper moon: Bitcoin price briefly shows $870B on CoinMarketCap cointelegraph.com /3 years ago
Bitcoin price dip may end Wednesday as Bitfinex bids hint at Fed 'buy the news' plans cointelegraph.com /3 years ago
Look out below! Analysts eye $40K Bitcoin price after today’s dip to $45.7K cointelegraph.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.
