Bitcoin back above $28k on important day for marketsÂ
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City AM
City AM
By Darren Parkin Bitcoin’s lack of robust support at $28k yesterday seems to have disappeared as the market leader is trading strongly above $28,200 this morning. Meanwhile, Ethereum has rallied by 4% to again trade around $1,800. While Bitcoin and US banks have been the centre of conversation in past weeks, Cardano and XRP have silently been collecting large green candles. Cardano is trading up by 14% this morning and 10% in the last week. XRP had a big day, adding 20% to its price in the last 24 hours. It’s also a big day for traditional and DeFi markets – and the global economy – as the Fed…