Bitcoin rallies back above $20,000 on Sunday, after hitting 18-month low - BitcoinEthereumNews.com
BitcoinBitcoin rallies back above $20,000 on Sunday, after hitting 18-month low06 / 19 / 2022बिटकॉइन एथेरियम समाचार Bitcoin prices rallied Sunday, topping the $20,000 level again after falling to an 18-month low Saturday amid a weeks-long cryptocurrency rout. Bitcoin BTCUSD,n + 0.48%n surged about 16% in the past 24 hours, as of 5 p.m. Sunday, to $20,598, making up for much of its Saturday losses, when it slid as low as $17,630, according to Coinbase data. Ethereumn ETHUSD,n -0.35%n prices surged as well Sunday, jumping 26% to $1,137 as of 5 p.m. Sunday. Cryptocurrencies trade 24 hours a day, and often fluctuate wildly on weekends, when financial markets are closed. A number of क्रिप्टो बैल have called the recent plunge in crypto values a prime buying opportunity, while critics warn the fundamentals have not changed and it could slump further. पढ़ें: Bitcoin skids under $20,000 in Minsky Moment for crypto: ‘Psychologically for a lot of people, this is galling’ Viny Langham, chief executive of livestreaming platform Waitroom, tweeted Sunday: “This could signify the bottom, if it retakes/holds $20k quickly by Tue/Wed. Otherwise, were in a bear market for a while and $20k becomes major resistance.” The recent crypto selloff started with the collapse of the Terra blockchain