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Home»Tech World»Bitcoin skyrocketed! Is it bull season again?

Bitcoin skyrocketed! Is it bull season again?

By Samuel Lamba14/03/20232 Mins Read
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last week in the USA bankruptcy of two banks after the statement bitcoinThere was a sudden decrease in With the bankruptcy of the banks, the global markets experienced a great decline, and with the new week, both bitcoin There are also significant rises in the markets.

Bitcoin is close to 25 thousand dollars!

in the USA Silicon Valley Bank‘s bankruptcy and the claim that some of the assets of USDC, the second largest stable coin, were in this bank, set the crypto money industry on fire. The value of USDC, which should normally be fixed at $1 87 centsWhile falling as low as , Bitcoin is also in this process. 19,500 down to the band.

After the announcement that the US would appoint trustees to the banks, the markets started to rise again. In addition, the financial support of the FED to bankrupt banks and BidenAfter the statements of .

With positive developments USDCAs the price of ‘s reaches $1 againBitcoin whereas 24 thousand up to $. With the increase of positive news in the market, Bitcoin 20 percentThere has been an increase of . In this process long Those who open positions have made quite a lot of money.

Bitcoin for $24,500 After this news is written, it makes a correction and finds buyers over 24 thousand 146 dollars at the time of writing. In case positive news continues to be pumped into the market bitcoinIts rise may continue.

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