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A late afternoon surge on Thursday carried bitcoin past $30,000, but the mood among cryptocurrency investors remained pessimistic.
The largest crypto by market capitalization was recently trading at about $30,600, a more than 2% gain over the previous 24 hours. Ether was changing hands at just above $1,800, up slightly for the same period. Most other major cryptos rose late with ADA recently rising nearly 6%, and APE up over 4%. Trading was choppy as investors continued to shy away from riskier assets – their behavior a product of inflationary and recessionary fears that have mushroomed steadily this year.
"Bitcoin will get its groove back once bearish sentiment on Wall Street improves, but that will...
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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...