Bitcoin mimics stocks rally, touches two-week high

Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in a recovery in risk appetite and a rally in stock markets.

The world’s largest cryptocurrency hit $41,983, taking gains from Thursday’s lows to nearly 16%, and marking a 27% rise from the year’s low of $32,950.72 on January 24.

Ether, the coin linked to the ethereum…

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News Source: https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-mimics-stocks-rally-touches-two-week-high/articleshow/89377786.cms

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