Bitcoin (BTC) tops $20,000 in ‘bearish rally’ as U.S. dollar falls

[ad_1] Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin surged 8% on Friday breaking back above the $20,000 mark as the U.S. dollar weakened and stocks jumped. The world’s largest cryptocurrency was trading at $20,966.57 at around 8:04 a.m. ET, after falling to its lowest level since…

"Bitcoin (BTC) tops $20,000 in ‘bearish rally’ as U.S. dollar falls"

Bitcoin price dropped below $17,800 as sell-off accelerates

[ad_1] Bitcoin plunged to about $17,749 and ether fell to about $897 at around 4:15 E.T. on Saturday afternoon, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Bitcoin bounced back to around $18,955 and ether was trading at about $995 just after 8 p.m. ET. The carnage in the crypto market is partly caused…

"Bitcoin price dropped below $17,800 as sell-off accelerates"