Crypto Rebound: What’s Driving Bitcoin (BTC)’s Latest Bounce from Lows?
After $Bitcoin(BTC.CC$ and $Ethereum(ETH.CC$ hit fresh annual lows under $18,000 and $900 on Saturday, cryptocurrency market sentiment has stabilized.
Bitcoin has bounced over 18% to the upper $20,000s and Ethereum over 30% to the mid-$1,100s.
FOMO on the dip, retail buying and profit-taking on short positions have all been cited as supporting crypto prices.
$Coinbase(COIN.US$ $Robinhood(HOOD.US$ $Binance Coin(BNB.CC$ $Terra(LUNA.CC$ $AMC Entertainment(AMC.US$
Bitcoin has bounced over 18% to the upper $20,000s and Ethereum over 30% to the mid-$1,100s.
FOMO on the dip, retail buying and profit-taking on short positions have all been cited as supporting crypto prices.
$Coinbase(COIN.US$ $Robinhood(HOOD.US$ $Binance Coin(BNB.CC$ $Terra(LUNA.CC$ $AMC Entertainment(AMC.US$
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