Bitcoin Bounces Back Above $60,000 as Asian Stocks Rebound

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Bitcoin,Asian Equities

(Bloomberg) -- Bitcoin continued to rally in tandem with a rebound in Asian equities on Friday after a bruising selloff. Most Read from BloombergHow a Tiny...

NYC Subway Riders See ‘Exceptionally High’ Air PollutionThe original cryptocurrency rose as much as 5.3% to briefly top $62,000, extending gains from Thursday. The moves marked a turnaround from earlier this week when the market posted its steepest decline since the days of FTX’s collapse in 2022. Second-ranked Ether climbed as much as 6%.Still, both tokens remained below their levels a week ago. Bitcoin on Thursday posted its largest one-day gain in more than 16 months.

In the medium term, macro factors “will continue to weigh on risk assets,” said Justin d’Anethan, head of business development in Asia-Pacific at Keyrock, the crypto market-maker. The unwinding of the yen carry trade “isn’t something that gets resolved in a couple of days,” he added. Chi Chi Rodriguez won 30 times in his career between the PGA Tour and the PGA Tour Champions, where he was one of the sport’s most entertaining golfers throughout his career.All-star athlete Zack Tarrier trying to bring state title to Goffstown baseballFOXBOROUGH, Mass.

 

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