Bitcoin Rebounds to $82,500 After Brief Slide Below $80,000
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin recovered to $82,500 within two hours of falling below $80,000, while Seoul chipmakers bounced back from their weakest close since April.
Bitcoin briefly traded below $80,000 before buyers pushed its price back to $82,500, according to CoinDesk.
The recovery took place within two hours of the dip, leaving the cryptocurrency above the $80,000 threshold again.
Asian equities also rebounded, with chipmakers in Seoul recovering after recording their weakest closing performance since April.
Source: CoinDesk
