“Volatility” is the word of the month, and that is exactly what cryptocurrency investors saw today when Bitcoin (BTC) rallied after concerns over the Biden administration’s executive order on crypto turned out to be a “nothingburger.”
Data from Cointelegraph Markets Pro and TradingView shows that, after trading near the $39,000 mark for the past few days, the price of Bitcoin spiked 10.42% to an intraday high of $42,606 as cautious traders flooded back into the market.
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