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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