Bitcoin surges as crypto market rallies on fresh banking sector fears

📆 4/27/2023 3:37 AM
📰 BusinessInsider

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Bitcoin surges 9% toward key level of $30,000 as crypto market rallies amid fresh banking sector fears

Bitcoin jumped as much as 9% on Wednesday, nearing the key price level of $30,000, as banking sector concerns re-emerged.

Bitcoin rallied through the turmoil in March as Silicon Valley Bank failed, and industry observers said a similar situation is playing out for the world's largest crypto amid the latest bout of uncertainty. Bitcoin's rally Wednesday ended a five-day losing streak. The token's been on a tear in April and 2023 broadly, hitting 10-month highs earlier this month to nearly $31,000.as altcoins like solana and polygon also jumped 8% and 9%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Arbitrum Down 25% Weekly, Bitcoin Slipped to Monthly Low: Market WatchPolygon's 3% daily decline has pushed it to under $1.
Source: Crypto_Potato - 🏆 568. / 51 Read more »