Bitcoin Regains $82,000 After Brief Fall Below $80,000
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin recovered above $82,000 on Thursday after an earlier drop below $80,000, leaving it modestly higher over 24 hours.
Bitcoin climbed back above $82,000 on Thursday, reversing an earlier selloff that briefly pushed its price below $80,000.
The recovery unfolded within hours of the morning decline and erased most of the losses. Following the rebound, bitcoin was trading slightly higher on a 24-hour basis.
Bitcoin’s market capitalization stood near $1.65 trillion. Bitcoin.com News framed the price swings as volatility linked to the Consumer Price Index, though the supplied report gave no details on the inflation figures.
Source: Bitcoin.com News
