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Bitcoin isn't waiting for the bailout announcement as it takes off in 7% rally

Bitcoin isn't waiting for the bailout announcement as it takes off in 7% rally

Bitcoin prices are at the highs of the weekend in a big bounce to $21,500 after falling as low as $18,540 on the weekend. That's a 7% rally that's surpassed by a nearly 10% rally in ethereum.

The market is sniffing out an imminent backstop for US bank deposits. A number of reports, including comments from Treasury Secretary Janet Yellen herself suggest some kind of plan is coming. The latest is a Washington Post article saying the US is weighing protecting all deposits at Silicon Valle... Read More

Posted: Mar 12 2023, 18:42
Author Name: forexlive
Views: 101932

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