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Bitcoin Price Briefly Revisits $40,000 as Bulls Pare Week's Losses

Bitcoin has rallied nearly 15% in the past 24 hours. Ether hits $1,200.

작성자 Zack Voell
업데이트됨 2021년 9월 14일 오전 10:56 게시됨 2021년 1월 14일 오후 3:52 AI 번역
Bitcoin bulls push price back to $40,000 on Thursday.
Bitcoin bulls push price back to $40,000 on Thursday.

Bitcoin briefly broke above $40,000 again Thursday morning as the market reversed the bulk of its losses from Monday.

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  • The leading cryptocurrency rose to $40,066.32 before settling back to $39,521.46, up 14.25% in the past 24 hours, per CoinDesk's Bitcoin Price Index (BPI).
  • Over the weekend and into early Monday morning, bitcoin dipped nearly 30% from its peak just below $42,000. The move prompted CNN Business writer Paul La Monica to declare bitcoin in a bear market.
  • With the downturn seemingly over, other cryptocurrencies are following bitcoin, with ether reclaiming $1,200, up 13%.
  • Polkadot has gained 21% and litecoin is up 11% in the past 24 hours, per market data from Messari.

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Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

알아야 할 것:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.