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"