Bitcoin climbs back over $30,000
- Wall Street surges to all-time closing high on earnings, economic revival
- Was Intel's (INTC) Second Quarter a Speedbump or Inflection?
- Twitter (TWTR) Gains After Beating Q2 Estimates, Analysts Raise PTs as Brand Recovery Accelerates
- U.S. dollar on track for second week of gains; Fed meeting in focus
- Snap (SNAP) Surges 17% After Smashing Q2 Views Across the Board to Yield a Dozen Price Target Hikes
FILE PHOTO: A representation of virtual currency bitcoin is seen in front of a stock graph in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
SINGAPORE (Reuters) - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.
Bitcoin rose about 3% to $30,762 in the Asia session after it dropped to its lowest since June on Tuesday at $29,296. Bitcoin is worth less than half its April record high of $64,895.22. Ether rose 4% to $1,862.
(Reporting by Tom Westbrook; Editing by Jacqueline Wong)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Elon Musk Says Bitcoin has Potential, in General is a Supporter, Not Necessary Good for Environment
- Big tech companies retake market reins with earnings on tap
- Wood Sees Bitcoin as Hedge Against Inflation and Deflation
Create E-mail Alert Related CategoriesCryptocurrency, General News, Reuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!