- Joined
- Sep 2, 2019
- Messages
- 6,546
- Reaction score
- 4,845
Bitcoin's biggest surge since July
Bitcoin jumped, rising in a matter of minutes to its biggest daily gain since July, and other digital currencies surged in a shock rally that followed the largest monthly decline since May.
The largest cryptocurrency by market value rose as much as 10% to $47,884 early in New York trading before paring gains. Ethereum, Litecoin and EOS also jumped, with the Bloomberg Galaxy Crypto Index rising as much as 8.9%.
Bitcoin had slumped 7.6% in September amid concern about increasing regulatory pressure in China and the U.S.
[Bloomberg]
Bitcoin jumped, rising in a matter of minutes to its biggest daily gain since July, and other digital currencies surged in a shock rally that followed the largest monthly decline since May.
The largest cryptocurrency by market value rose as much as 10% to $47,884 early in New York trading before paring gains. Ethereum, Litecoin and EOS also jumped, with the Bloomberg Galaxy Crypto Index rising as much as 8.9%.
Bitcoin had slumped 7.6% in September amid concern about increasing regulatory pressure in China and the U.S.
[Bloomberg]
