2 years ago
Bitcoin (BTC) was trading astatine $37,952 astatine property time. The largest cryptocurrency by marketplace capitalization has tracked accepted markets truthful acold this week arsenic the U.S. announced a caller circular of sanctions against Russia.
“Bitcoin has been trying to close from levels adjacent to the lows of February, but this is astir apt not the bottommost yet,” said Alex Kuptsikevich, elder fiscal expert astatine FxPro. “The rebound of bitcoin began on with the maturation of European banal indices astatine the opening of the day.”
Kuptsikevich noted that Alternative.Me’s Cryptocurrency Fear Index mislaid ground, remaining successful a authorities of “extreme fear.”
Other fashionable cryptocurrencies besides gained. Ether (ETH) was up 5$ arsenic of midday Wednesday, portion solana (SOL) ticked up 7%.
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Brian covers bitcoin connected the markets team
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