Bitcoin price hits record high in Japan as fresh inflows fuel rally
10 months ago

Bitcoin price hits record high in Japan as fresh inflows fuel rally

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin has hit a record high against the Japanese Yen following a 25 per cent price increase over the last two weeks for the cryptocurrency. Billions of dollars have since poured into the crypto market, helping lift bitcoin’s price by more than $10,000 since the ETFs were approved. “Market momentum continued to be fueled by the high demand for BTC ETFs,” noted Matteo Greco, a research analyst at investment firm Fineqia International. “Throughout last week, the cumulative net inflow into BTC ETFs totaled about $2.3 billion, nearly doubling the $1.2 billion recorded in the previous week, and accounting for almost half of the total net inflow since inception, which currently stands at roughly $5 billion.” Recent estimates from the multi-national bank Standard Chartered projected that between $50 billion to $100 billion of institutional investment could enter the crypto market this year, with one analyst at the bank claiming it could push bitcoin’s price towards $200,000 by next year.

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History of this topic

Bitcoin soars to new all-time high over $106,000 on Donald Trump’s strategic reserve plans
Trending News
1 week, 1 day ago

Bitcoin soars to new all-time high over $106,000 on Donald Trump’s strategic reserve plans

Live Mint  

Bitcoin soared past the $106,000 mark at the Singapore market open on December 16, according to data on Coinmarketcap. The token has The Rise and Rise of Bitcoin Bitcoin surged to a record high above $106,000 in early Asian trade as United States President-elect Donald Trump spoke of plans to create a Bitcoin strategic reserve for the country, along the …

Bitcoin beats regulatory hurdles, hits $100K level
Trending News
2 weeks, 4 days ago

Bitcoin beats regulatory hurdles, hits $100K level

New Indian Express  

NEW DELHI: Despite regulatory uncertainties around the globe, Bitcoin prices on Thursday breached the psychologically important level of $100,000, surging nearly 133% over the last one year. Bitcoin prices have risen by over 50% since the US presidential Election Day in anticipation that the Trump administration will ease regulatory hurdles and create a more favourable environment for digital assets. The …

Yen hits six-week high, dollar dips for month-end
Trending News
3 weeks, 3 days ago

Yen hits six-week high, dollar dips for month-end

Live Mint  

By Karen Brettell and Harry Robertson NEW YORK, Nov 29 - The yen jumped to a six-week high against the dollar on Friday after faster-than-expected inflation in Tokyo supported bets for a Bank of Japan interest rate hike next month. Tokyo's core consumer price index, which excludes volatile fresh food costs, rose 2.2% year-on-year in November from a year earlier, …

Bitcoin prices come within kissing distance of $100,000. Should you invest now or just sit on the fence?
1 month ago

Bitcoin prices come within kissing distance of $100,000. Should you invest now or just sit on the fence?

Live Mint  

Bitcoin prices hovered around $98,608 on Saturday on international exchanges, buoyed by the euphoria over Donald Trump-led Republican party reclaiming the White House. Balaji Srihari, Business Head of CoinSwitch, says, “Bitcoin surged to an all-time high, signalling that the much-anticipated $100,000 milestone could be within reach- many analysts predict that this mark could be achieved as early as the end …

Bitcoin hits record high, within touching distance of $100,000 milestone
1 month ago

Bitcoin hits record high, within touching distance of $100,000 milestone

India Today  

Bitcoin continued its upward momentum on Friday, reaching a new all-time high just under the $100,000 mark. The world's leading cryptocurrency topped $99,300, coming within striking distance of the psychological milestone that many experts had anticipated after the US election results. Bitcoin has gained over 48% since the US election results were announced, which saw Donald Trump, a vocal crypto …

Bitcoin price surges towards $100,000 as Trump-fuelled rally continues
1 month ago

Bitcoin price surges towards $100,000 as Trump-fuelled rally continues

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin is inching closer to $100,000 amid optimism over US president-elect Donald Trump’s …

Bitcoin tops $95,000 for first time
Trending News
1 month ago

Bitcoin tops $95,000 for first time

Deccan Chronicle  

Tokyo: Bitcoin hit a record on Thursday, topping $95,000 for the first time as it benefits from expectations that president-elect Donald Trump will push through measures to ease regulation of the unit. The tycoon pledged on the campaign trail to make the United States the "bitcoin and cryptocurrency capital of the world," and to put tech billionaire and right-wing conspiracy …

New day, new record: Bitcoin surges past $95,000, 5 reasons why cryptocurrency breaking record after Trump's win
1 month ago

New day, new record: Bitcoin surges past $95,000, 5 reasons why cryptocurrency breaking record after Trump's win

Firstpost  

Bitcoin rose to an all-time high of $95,004.50 on Thursday, continuing its rally after Donald Trump’s win in November 5 US Presidential election. Cryptocurrency Bitcoin surged to another life-time high of $95,000 on Thursday, continuing to get investors bet who are optimistic after Donald Trump’s win in the 2024 US Presidential election as they expect that he would push through …

Bitcoin breaches $94,000 for first time
Trending News
1 month ago

Bitcoin breaches $94,000 for first time

Deccan Chronicle  

Singapore: Bitcoin rose to a record high above $94,000 as a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt added to hopes of a cryptocurrency-friendly regime under the incoming Trump administration. The Financial Times, citing two people with knowledge, said Trump Media and Technology Group, which operates Truth Social, is close to …

US Dollar hits one-year high amid Donald Trump's economic policies
1 month, 1 week ago

US Dollar hits one-year high amid Donald Trump's economic policies

Hindustan Times  

The U.S. dollar revisited a one-year high against major peers on Thursday, as a fourth straight winning session from momentum sparked by Donald Trump's election victory eclipsed a rise in bets for Federal Reserve easing. On Thursday, the U.S. dollar hit a one-year high as Trump's election momentum continued, while bitcoin soared to a record $93,480. Elsewhere, the Australian dollar …

US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy
1 month, 1 week ago

US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy

Live Mint  

The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve would keep cutting rates, reported the news agency Reuters. The US dollar rose to its highest level since April 16, fueled by …

Bitcoin tops $89,000. Is Donald Trump’s US presidential poll win spurring the rally?
1 month, 1 week ago

Bitcoin tops $89,000. Is Donald Trump’s US presidential poll win spurring the rally?

Live Mint  

Bitcoin surged past $89,000 on Tuesday, reaching an all-time high, as investors rallied behind hopes of a crypto-friendly stance from President-elect Donald Trump. The rally, which pushed Bitcoin to $89,599 before settling at $87,800 in early Singapore trading, has marked a 30% rise since Trump’s election on November 5. Notably, Trump’s agenda includes creating a U.S. Bitcoin reserve and enhancing …

India's crypto industry expects Bitcoin surge to boost domestic business
1 month, 1 week ago

India's crypto industry expects Bitcoin surge to boost domestic business

Live Mint  

New Delhi: India’s battered cryptocurrency industry, which has seen retail trading volumes decline by over 90% in the past three years, is cautiously optimistic about the industry’s latest surge. “The exchange-traded funds in the US have further rationalized cryptocurrency investments around the world, and the US’s pro-cryptocurrency stance could boost a more favourable policy approach around the world including in …

Bitcoin crosses $89,000 as Trump vows to make US 'crypto capital of the planet'
1 month, 1 week ago

Bitcoin crosses $89,000 as Trump vows to make US 'crypto capital of the planet'

India Today  

The US dollar traded close to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration. The euro languished near an almost seven-month trough reached overnight, while the yuan wallowed close to a more than three-month low with Europe and …

Cryptocurrency explodes with Trump's triumph, Bitcoin surges past $81,000 for first time
Top News
1 month, 1 week ago

Cryptocurrency explodes with Trump's triumph, Bitcoin surges past $81,000 for first time

Firstpost  

Bitcoin on Monday soared to record high of over $81,000 as Donald Trump’s victory in the 2024 US Presidential election and pro-crypto candidates being voted to the Congress pushed expectations high of a light-handed regulatory environment Bitcoin, the world’s biggest and best-known cryptocurrency, surged to a record high of over $81,000 on Monday, getting a boost from Donald Trump’s win …

Bitcoin Soars to $71,000: A Crypto Renaissance on the Horizon?
1 month, 3 weeks ago

Bitcoin Soars to $71,000: A Crypto Renaissance on the Horizon?

ABP News  

Bitcoin's recent surge is driven by several converging factors, including rising global liquidity, the upcoming US presidential elections, and weakening US dollar index. The surge has also been supported by increased inflows into Bitcoin spot ETFs and the ongoing growth of institutional and retail investor interest.

Bitcoin surpasses $63,000 to one-month high; What’s behind the rally?
3 months ago

Bitcoin surpasses $63,000 to one-month high; What’s behind the rally?

Live Mint  

Bitcoin stood out as it surged to one-month highs on Monday, continuing its rally following last week's substantial rate cut by the Federal Reserve. This move, made shortly after the Fed's 50 basis points rate cut, halted the yen's significant appreciation this month, which has seen a 1.4 per cent increase in September. With Japan observing the Autumnal Equinox Day, …

ASX hits new record, CBA shares close at record high, Bank of Japan keeps rates on hold — as it happened
3 months ago

ASX hits new record, CBA shares close at record high, Bank of Japan keeps rates on hold — as it happened

ABC  

The Bank of Japan has issued this statement: At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by unanimous vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollaterised overnight call to remain at around 0.25 per cent. On the price front, the …

Yen Rallies Against Dollar, Outstripping Most of Its G-10 Peers
4 months ago

Yen Rallies Against Dollar, Outstripping Most of Its G-10 Peers

Live Mint  

The yen outperformed most of its peers in the Group of 10 Monday, rallying against the dollar in jittery trading ahead of key central bank events later in the week. The rally came amid broad weakness in the dollar, with investors on edge before Bank of Japan Governor Kazuo Ueda appears in parliament on Friday, and Federal Reserve Chair Jerome …

The obscure Japanese investing scheme that continues to threaten global markets
4 months, 2 weeks ago

The obscure Japanese investing scheme that continues to threaten global markets

The Telegraph  

With share prices plunging, high anxiety on Wall Street and talk of emergency rate cuts in the US, it has been a dramatic week for the markets – and the millions of savers who rely on them for an investment return. The result has left anyone from ordinary people dabbling in investing to large pension funds feeling sore and looking …

Japan's share benchmark resumes swings after calm day on Wall Street
4 months, 2 weeks ago

Japan's share benchmark resumes swings after calm day on Wall Street

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The interest rate hike, however …

Bitcoin price in free fall as crypto market crashes
4 months, 2 weeks ago

Bitcoin price in free fall as crypto market crashes

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin is experiencing its worst price crash since 2022, falling more than 10 …

Bitcoin price surges after Trump assassination attempt
5 months, 1 week ago

Bitcoin price surges after Trump assassination attempt

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The pro-crypto presidential candidate’s chances of retaking the White House increased in the wake of the shooting, …

Bitcoin price slips below $56,000; Ether, Solana, other cryptos down up to 15%
5 months, 2 weeks ago

Bitcoin price slips below $56,000; Ether, Solana, other cryptos down up to 15%

Live Mint  

Bitcoin price traded lower on Friday, falling for the fourth consecutive trading session, dragged by wider selloff in cryptocurrencies. Bitcoin price was at $55,510, down 5.82% over the past 24 hours, with the tokens market capitalization at $1.11 trillion. Bitcoin price hit an all-time high of $73,798 in March, buoyed by strong demand for inaugural US Bitcoin exchange-traded funds. The …

Japan signals it may prop up yen after currency falls to 38-year low
5 months, 3 weeks ago

Japan signals it may prop up yen after currency falls to 38-year low

Al Jazeera  

Japan has signalled it may intervene to prop up the yen after the currency fell to a 38-year low against the US dollar. “We are watching moves with a high sense of urgency, analysing the factors behind the moves, and will take necessary actions.” The Japanese finance chief made his comments after the yen weakened to 160.88 against the dollar …

Bitcoin price tumbles in wake of record highs and ‘halving’
7 months, 3 weeks ago

Bitcoin price tumbles in wake of record highs and ‘halving’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The price of bitcoin is tumbling in the wake of record highs and …

Japan’s yen surges after sinking to lowest level against dollar since 1990
7 months, 3 weeks ago

Japan’s yen surges after sinking to lowest level against dollar since 1990

Al Jazeera  

Japanese currency sinks to 160.17 per dollar before rising to 155.01 amid speculation of intervention by authorities. The yen on Monday sank to 160.17 per dollar, the lowest since April 1990, setting off murmurs that Japanese authorities could intervene to prop up the currency for the first time since late 2022. The yen has been on a near continual slide …

Bitcoin hovers around $66,000 in global crypto markets post-halving
8 months ago

Bitcoin hovers around $66,000 in global crypto markets post-halving

Live Mint  

Bitcoin trades at $66,074 on Tuesday, marginally higher than its price a day ago, CoinDesk data showed. The fourth bitcoin-halving took place on Friday, following which the issuance rate of new bitcoin dropped to 3.125 every 10 minutes. “Broadly prices are lower from their recent highs due to geopolitical tensions, but we can expect near term downward pressure as Miners …

Bitcoin price briefly tops $69,000 for new all-time high
9 months, 2 weeks ago

Bitcoin price briefly tops $69,000 for new all-time high

Hindustan Times  

Bitcoin surged to a record for the first time in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The net inflow of almost $8 billion in less than two months is colliding with a looming reduction in Bitcoin’s …

Over $1 billion liquidated from the cryptocurrency market in 24 hours
9 months, 2 weeks ago

Over $1 billion liquidated from the cryptocurrency market in 24 hours

Live Mint  

Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The token soared as much …

Bitcoin price hits new record high
9 months, 2 weeks ago

Bitcoin price hits new record high

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin has hit a new record high following an astonishing price recovery that …

Bitcoin price hits record high against UK pound
9 months, 2 weeks ago

Bitcoin price hits record high against UK pound

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Bitcoin has The latest bitcoin rally has been primarily driven by institutional investment following the US Securities …

Bitcoin nears all-time-high price more than two years after record was set
9 months, 2 weeks ago

Bitcoin nears all-time-high price more than two years after record was set

The Hindu  

Bitcoin, the largest cryptocurrency by market capitalisation, hit a price of $68,785.95 on Tuesday morning, coming close to the all-time-high of $68,789.63 that it reached on November 10, 2021, according to the CoinMarketCap live tracker. Due to its large market cap and dominant market status, Bitcoin’s rocketing price helped lift the prices of other top crypto coins and tokens, including …

Bitcoin breaches $68,000, nears its all-time high
9 months, 2 weeks ago

Bitcoin breaches $68,000, nears its all-time high

Live Mint  

Bitcoin soared on March 5, reaching close to a two-year high of $68,300 early mark. This recent rally followed a 50 per cent increase in Bitcoin’s value so far in 2024, with most of the gains concentrated in the past few weeks. The rally in Bitcoin prices comes after the recent approval and the launch of spot Bitcoin exchange-traded funds …

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto
9 months, 2 weeks ago

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto

New Indian Express  

NEW YORK: Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The price for the volatile asset is up almost 200% from one year ago, fueled by the anticipation and eventual regulatory approval of spot bitcoin exchange-traded funds earlier this year, …

Bitcoin and gold race towards record highs as investors bet on interest rate cuts
9 months, 2 weeks ago

Bitcoin and gold race towards record highs as investors bet on interest rate cuts

Daily Mail  

Bitcoin and gold raced towards record highs as investors bet on interest rate cuts this summer. The digital currency reached $67,584 yesterday – its highest level for more than two years – sparking predictions that an all-time high is ‘around the corner’. Brent Donnelly, trader and president at analysis firm Spectra Markets, said: ‘We are back to a 2021-style market …

Cryptocurrency total market value crosses $2.5 trillion
9 months, 2 weeks ago

Cryptocurrency total market value crosses $2.5 trillion

Live Mint  

Bitcoin price jumped above the $64,000 mark on Monday morning in Asia, just around 7% away from the cryptocurrency’s all-time high set in November 2021. Meanwhile, the overall cryptocurrency total market value has passed $2.5 trillion. The rally in Bitcoin prices comes after the recent approval and the launch of spot Bitcoin exchange-traded funds in the United States earlier this …

Is bitcoin back? Price suddenly surges as investors flock to crypto
9 months, 3 weeks ago

Is bitcoin back? Price suddenly surges as investors flock to crypto

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We have entered a new era for bitcoin, with its rapid climb this week marking the clear …

Bitcoin price hits fresh 2024 high amid record inflows
9 months, 3 weeks ago

Bitcoin price hits fresh 2024 high amid record inflows

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin has hit its highest price since 2021 amid record inflows to the …

Bitcoin price passes $50k as ‘moon’ predictions return
10 months, 1 week ago

Bitcoin price passes $50k as ‘moon’ predictions return

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The price of bitcoin has risen above $50,000 for the first time since …

Bitcoin price surges, marking best week in months
10 months, 2 weeks ago

Bitcoin price surges, marking best week in months

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin’s price has surged upwards, making for its best week in months. Since …

Bitcoin Crosses $46,000 As Excitement Around BTC Halving Catches Steam
10 months, 2 weeks ago

Bitcoin Crosses $46,000 As Excitement Around BTC Halving Catches Steam

ABP News  

In a notable surge, Bitcoin, the leading digital currency, reached its highest point in a month, surpassing the $46,000 mark on February 9. This surge is attributed to steady capital inflows into various United States funds dedicated to cryptocurrency, alongside growing anticipation surrounding the forthcoming halving event slated for April. "There is increased investor confidence leading up to the halving …

Bitcoin price up 175% as gold reaches all-time record
1 year ago

Bitcoin price up 175% as gold reaches all-time record

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The implosion of the FTX crypto exchange last November resulted in further losses, pushing bitcoin’s price below …

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?
1 year ago

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?

Associated Press  

NEW YORK — Bitcoin is once again having a moment. Regulators have previously rejected bitcoin spot ETF applications, but recent wins for some crypto fund managers have improved odds for a first approval, perhaps as soon as next month. While analysts expect the potential approval of spot bitcoin ETFs to create a much larger pool of crypto investors, future volumes …

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?
1 year ago

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?

LA Times  

The price of bitcoin, the world’s largest crytocurrency, has risen 150% so far this year. Regulators have previously rejected bitcoin spot ETF applications, but recent wins for some crypto fund managers have improved odds for a first approval, perhaps as soon as next month. Although analysts expect the potential approval of spot bitcoin ETFs to create a much larger pool …

Bitcoin price up 40% since October as experts predict new record
1 year, 1 month ago

Bitcoin price up 40% since October as experts predict new record

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Bitcoin is beyond the point of no return, a bull market is inevitable,” said popular Dutch analyst …

Bitcoin price dramatically crashes amid market worries
1 year, 4 months ago

Bitcoin price dramatically crashes amid market worries

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The world’s biggest cryptocurrency has fallen more than 7 per cent over the last 24 hours, and …

Bitcoin price hits 2023 high as ‘bullish event’ looms
1 year, 5 months ago

Bitcoin price hits 2023 high as ‘bullish event’ looms

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Some crypto analysts suggest the approaching ‘halving’ event, which will see bitcoin mining rewards drop by 50 …

Bitcoin At Highest Level In 9 Months, Crosses $28,000 Amid Banking Crisis; Why Are Cryptos Rising?
1 year, 9 months ago

Bitcoin At Highest Level In 9 Months, Crosses $28,000 Amid Banking Crisis; Why Are Cryptos Rising?

News 18  

Even as the US banking sector is going through a tough phase and depositors are flocking to take back their money from certain banks, Bitcoin is the gainer whose value has significantly jumped to the highest level in 9 months to $28,200 on Wednesday, March 22. However, from March 10, when Silicon Valley Bank collapsed, Bitcoin started surging and rose …

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