Home / Market Update / Bitcoin Rises After Two Sessions of Decline

Bitcoin Rises After Two Sessions of Decline

Bitcoin rose during today’s trading session, after falling for two consecutive sessions, which pushed the cryptocurrency to decline near the level of $ 8955, but quickly rose in recent hours by 3.1% to $ 9250 levels. The currency was in a raising wave close to $ 4000.

The cryptocurrency is likely to continue to rise but above $ 10,500 levels, it will confirm the upward direction towards higher levels. This may be attributed to fears of Coronavirus spread and tensions between China and the United States.

Check Also

Oil Prices Rally as US Inventory Drops Boost Market Confidence

West Texas Intermediate (WTI) and Brent crude oil have both seen a notable rebound, recovering …