Bitcoin climbs to 9-month high as bank turmoil sparks rally
Summary by Ground News
12 Articles
12 Articles
Bitcoin at 9-month high following SVB, Signature Bank turmoil, rose 26% just last week
The collapse of SVB and Signature Bank in the US, and the issues with Credit Suisse in Europe is seeing investors move towards cryptos again, particularly Bitcoin, which grew by 26 per cent just last week and continues to grow.
·Mumbai, India
Read Full ArticleBitcoin Climbs to 9-month High as Bank Turmoil Sparks Rally
LONDON/HONG KONG—Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency built on its best week in four years. The biggest cryptocurrency rose as far as $28,567, its highest since mid-June, and was last up 0.9 percent, amid growing expectations that central banks would slow the pace of interest rate hikes. Bitcoin rose 26 percent last week, its best we…
·New York, United States
Read Full ArticleCoverage Details
Total News Sources12
Leaning Left2Leaning Right5Center5Last UpdatedBias Distribution42% Center, 42% Right
Bias Distribution
- 42% of the sources are Center, 42% of the sources lean Right
42% Right
L 17%
C 42%
R 42%
Factuality
To view factuality data please Upgrade to Premium