Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

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Reuters UK

By Medha Singh and Lisa Pauline Mattackal (Reuters) – As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos. At Monday’s high of $47,765, market leader bitcoin broke above the narrow $34,000-$44,000 range it’s traded in for most of 2022. Through a steady grind higher from a low just above $40,000 on March 21, it has gained 18%. Its comparative steadiness, versus previous performance at least, contrasts with stock markets, traditional currencies and even safe-ha…

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