Bitcoin rose on Saturday above $20,000 for first time in over two months. Bitcoin, the world’s biggest and best-known cryptocurrency, rose 4.6% to $20,853 at 01:01 GMT on Saturday, adding $922 to its previous close. The cryptocurrency is up 26.4% from the year’s low of $16,496 on January 1. Ether …
Read More »Crypto meltdown deepens as stablecoin Tether drops below dollar peg
The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off across higher risk assets, which has picked up steam this week …
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