Bitcoin Bounces Above $20,000 for First Time in About a Week

Last Updated: September 27, 2022, 13:40 IST

Bitcoin prices have rallied over the past few days

Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade.

Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade.

The biggest cryptocurrency by market value, bitcoin, was up more than 5 per cent at $20,286. The second-biggest, ether, rose 4 per cent to a one-week high of $1,389.

In the broader market, the dollar eased slightly after soaring to fresh heights on Monday.

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(This story has not been edited by News18 staff and is published from a syndicated news agency feed – Reuters)

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