Bitcoin bounces above $20,000 for first time in about a week
Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic
SYDNEY, Sept 27 (Reuters) – Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade.
The biggest cryptocurrency by market value, bitcoin , was up more than 5% at $20,286. The second-biggest, ether , rose 4% to a one-week high of $1,389.
In the broader market the dollar eased slightly after soaring to fresh heights on Monday.
Reporting by Tom Westbrook; Editing by Clarence Fernandez
Our Standards: The Thomson Reuters Trust Principles.
Source:www.reuters.com
