The settlement between US authorities and Nexo has resulted in a price surge for the latter’s native token.
Bitcoin continues to trade in a tight range of around $21,000 following yesterday’s enhanced volatility, with the asset standing just inches away from that line. Most altcoins are slightly in the green today, with XMR and Apecoin being the best performers from the larger caps. NEXO is up by double digits from the lower-cap alts after the recent settlement between the crypto lender and US authorities.Bitcoin’s 2023 has started on a positive note, following the violent 2022, and the cryptocurrency finally reclaimed $17,000 after weeks of struggling below that level.
This turned out to be the breakout moment the asset needed as it went on a roll in the next several days. This resulted in skyrocketing above $21,000 last Saturday for the first time in about two months. After a relatively quiet rest of the weekend, BTC went on the offensive at the start of the working week once again. This resulted in exceeding $21,600 to make its highest price tag since September.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
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Source: BTCTN - 🏆 531. / 51 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »