The value of cryptocurrencies gained as the leading currency, Bitcoin bounced back, despite recent crackdowns from China and those questioning its environmental impact. — REUTERS
Bitcoin pushed higher Monday as proponents took encouragement at its failure to breach the closely-watched US$30,000 (RM124,380) support level over the weekend.
The largest cryptocurrency advanced 6% to US$34,595 (RM143,430.87) as of 2.10pm in Hong Kong, in a second day of gains. The broad crypto space also gained, with the market cap of the ecosystem up about 8% to US$1.43tril (RM5.93tril), according to CoinGecko pricing.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
