Today news
About the same in other media
Bitcoin back over $50,000, as market calms after weekend turmoil
Reading now: 363
moneycontrol.comBitcoin 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 macro-economic concerns, but rebounded
Read more on moneycontrol.comAbout this in other media
Bitcoin back over $50,000 as market calms after weekend turmoil economictimes.indiatimes.com /2 years ago
Bitcoin Back Over $50,000, As Market Calms After Weekend Turmoil ndtv.com /2 years ago
Monday blues? Bitcoin tumbles 5% after weekend battering economictimes.indiatimes.com /2 years ago
Show more
The website finance-news.co 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.
