Bitcoin and Ether clawed back from steep losses on Tuesday after a bout of risk aversion in global markets spilled over into crypto.
Bitcoin inched back to top $56,000 while second-ranked token Ether rose as much as 4.9% to more than $2,500. The moves represent a partial recovery from a frantic selloff on Monday that saw Bitcoin sink below $50,000 for the first time since February. Ether suffered at one point its steepest fall since 2021.
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Suvashree Ghosh
https://www.bloomberg.com/news/articles/2024-08-06/bitcoin-btc-claws-back-from-steep-losses-as-crypto-traders-buy-dip
2024-08-06 20:36:50
