Bitcoin Price Bounces Back; Will It Recover?
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The Street
The Street
By Luc Olinga The king of cryptocurrencies continues to rise and attracts in its wake the entire crypto market whose value is again above $2 trillion. Is this the start of yet another comeback or just a momentary break before another downfall? Bitcoin seems to have stabilized. Prices have started a slight rebound and are now at their highest in two weeks. The king of cryptocurrencies exceeded the symbolic threshold of $40,000 per unit for the first time on Friday, Feb. 4, a first since January 22. It was trading around $41,627 at the time of writing. Admittedly, we are still far from the recor…