The latest developments in the European banking sector pushed bitcoin north once again, with the asset surging past $28,500 for the first time since June 2022.Bitcoin’s New Local Peak
Bitcoin finished one of its best weeks in a while after it surged from $20,000 to around $28,000 within the past seven days. This came amid the growing banking issues in the US, which later extended to Europe.being acquired by Switzerland’s biggest bank – UBS – in a deal worth $3.25 billion . Both parties claimed that the goal of the deal was to “secure financial stability and protect the Swiss economy.
Bitcoin reacted positively to the news, surging past $28,000 for the first time in nine months. It went to a new local peak of $28,500 before it retraced by $500 and has since bounced off once more.This is all you need not to miss any price action in the raging crypto markets.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »