Bitcoin rebounds from March rout to surpass $15,000

Bitcoin has surpassed $15,000 for the first time since a 2017 surge that ended with a crash. This time, investors such as billionaire hedge fund manager Howard Morgan are seeking to ride the cryptocurrency wave.

The digital currency has more than tripled from the pandemic-induced low it struck in March, when global financial markets were shaken by the coronavirus crisis, to trade at $15,400 by Friday afternoon.

Bitcoin’s stunning climb in recent weeks resembles the sharp…


Source link

About bitcoin

Check Also

Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin declined about 5% over the past 24-hours as the price broke below $36,000 support. …

Leave a Reply

Your email address will not be published.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