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ETH.CM=+69.77 (+4.27%)
BTC.CM=+1,750.97 (+9.08%)
Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital.
Nicolas Economou | Nurphoto | Getty Images
Bitcoin surged 8% on Friday breaking back above the $20,000 mark as the U.S. dollar weakened and stocks jumped.
The world’s largest cryptocurrency was trading at $20,741.55 at around 6 a.m. ET, after falling to its lowest level since mid-June earlier in the week.
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Other digital coins were higher including ether which was up around 4%. The total cryptocurrency market value jumped back above $1 trillion again.
The latest leg higher for bitcoin has been sparked by a slight weakening of the U.S. dollar which has seen a stunning rally this year. The U.S. dollar index, which measures...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...