Bitcoin Is Back Over $50,000. Cryptos Continue to Climb a Wall of Worry. – Barron’s


Bitcoin has rallied above $50,000 for the first time in a month, gaining 4%. It’s a sign that cryptocurrencies are defying the mounting pressures in other financial markets, while regulatory risks on crypto also intensify.

Cryptos have been strong for days: Ethereum, the second-largest token, was trading around $3,440 on Tuesday, up 20% in the last week. Other major tokens that are rallying include Binance Coin, XRP, Solana, and Dogecoin—the latter getting a 9% pop in the last 24 hours to $0.2501.


You May Also Like

About the Author: Kate