BitcoinWarrior

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Thursday opens with green candles and a surge from Avalanche (AVAX)

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City AM

By Darren Parkin The entire crypto market cap is up by 0.5%, as Bitcoin continues to take a robust hold above $27k, trading for $27,670 this morning. Analysts say it could mark a new support level for the market leader. While Bitcoin and Ethereum, along with many other cryptos, inch upwards, Avalanche (AVAX) has rallied by 7.5%, pushing its seven-day gains to 11.8%. In other financial markets, bond yields hit 16-year highs, indicating that investors are putting their money into these risk-off investments, expecting the continued high interest rates to take a toll on risk-on investments, which …

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