Bitcoin climbs back over $30,000 as mood in financial markets fragile

Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile

Bitcoin and Ether
Reuters SINGAPORE
1 min read Last Updated : Jul 21 2021 | 2:33 PM IST

SINGAPORE (Reuters) - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.

Bitcoin rose about 3% to $30,762 in the Asia session after it dropped to its lowest since June on Tuesday at $29,296. Bitcoin is worth less than half its April record high of $64,895.22. Ether rose 4% to $1,862.

 

(Reporting by Tom Westbrook; Editing by Jacqueline Wong)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :BitcoinBitcoin tradingBitcoin value rise

First Published: Jul 21 2021 | 2:33 PM IST

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