BitcoinWarrior

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Strong performance on price of Bitcoin after stablecoins recover peg and staked Ether withdrawals near

Published by
City AM

By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin surged from around $22,000 at the beginning of last week to now change hands above the $28,000, with the cryptocurrency market having outperformed other assets over the last few days. Ethereum’s Ether, the second-largest cryptocurrency by market cap, moved similarly to BTC, jumping from around $1,580 to $1,780. Ethereum has briefly surpassed the $1,800 mark over the week, but failed to remain above it. This past week was initially dominated by headlines surrounding the depeg of major stablecoins, including Circle’s USDC a…

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