Bitcoin Rallies Amid Risk-On Market Mood After Dip Below $40,000

(Bloomberg) — Bitcoin dropped briefly below $40,000 for the first time since August amid rising criticism from regulators, before rallying as the mood in global markets improved.

Most Read from Bloomberg

The largest cryptocurrency broke a three-day losing streak, rising 2.9% to $42,132 as of 6:34 a.m. London time on Wednesday. It earlier slid as much as 3.2% to $39,625. Tokens including Ether, Solana and Litecoin were slightly lower over the past 24 hours.

Fears of contagion from the debt…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *