Why Are Bitcoin Prices Up Today?

Bitcoin and Ethereum faced the brunt of the FTX-induced market crash that sent their prices tumbling south. Bitcoin fell to the $15,700 level reaching its November 2020 lows and Ethereum was on the brink of trading with three digits. The markets saw a bloodbath for four consecutive days from Monday to Thursday wiping nearly $200 billion worth of investments. However, Bitcoin, Ethereum, and the majority of altcoins were recovering at press time.

Here’s Why Bitcoin & The Crypto Markets Are Up Tod

shubhk's Recent Blog Posts

Shiba Inu (SHIB) is unquestionably highly well-liked among whales, particularly whales of Ethereum (ETH). Few crypto assets have the capacity to establish themselves as household names. This…
1 year ago
Bitcoin (BTC), the largest cryptocurrency by market cap, is outperforming major tech stocks such as Amazon and Meta. The development adds weight to BTC’s decoupling from tech stocks. While major tech…
1 year ago
Shiba Inu spiked in the indices after the crypto markets rallied this week reaching new monthly highs. Bitcoin climbed above the $20,000 mark while Ethereum reached $1,500 levels for the first time…
1 year ago
Just as Elon Musk’s $44 billion Twitter acquisition deal came through CEO Parag Agrawal along with a few other execs were asked to leave. Amidst this, speculations about the next Twitter CEO began…
1 year ago
Just as Elon Musk’s $44 billion Twitter acquisition deal came through CEO Parag Agrawal along with a few other execs were asked to leave. Amidst this, speculations about the next Twitter CEO began…
1 year ago