Bitcoin rebounds after price risked going under USD 6,000

Ovidiu Posirca 15/08/2018 | 15:22

Bitcoin, the biggest cryptocurrency by market value, saw its price climb to USD 6,472 on Wednesday, recovering from a fall that saw its value on the edge of USD 6,000.

The collapse followed bitcoin’s worst ever start to a year, having traded close to USD 20,000 as recently as December, noted The Independent.

Aside from bitcoin, ethereum, ripple, bitcoin cash and stellar saw value gains of between 5 per cent and 15 per cent over the last 24 hours, according to Coinmarketcap.com.

Bitcoin was up 4.51 percent in the last 24 hours to USD 6,358. It dropped to USD 6,059 on August 14.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Ovidiu Posirca | 12/04/2024 | 17:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue