CryptoWatch: Bitcoin continues its steady recovery, rising above $8,000 [MarketWatch]
CME Group Inc. - Class A (CME)
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Source: MarketWatch
Bitcoin continues its steady recovery, rising above $8,000 Bitcoin continued to move above $8,000 on Thursday, taking a cue from global equity markets, which appeared to be stabilizing somewhat after a week of extreme volatility. The price of a single bitcoin BTCUSD, +2.72% gained 6.7% to $8,091.23, bouncing off a session low of $7,576.25, according to CoinDesk data . The price of bitcoin remains well below a level of $10,000 seen a week ago, and its December peak above $19,000, but has recovered from a drop below $6,000 on Tuesday. The ‘invisible rich’: There’s now an index tracking cryptocurrency fortunes Ether, the coin on the ethereum network, saw a similar rise, up 6.3% to $806.63, while bitcoin cash was at $995.25, up 3.5%. Litecoin rose 2.7% to $142.66, and Ripple gained 3.4% to 75 cents, CoinDesk prices indicated. Winklevoss: If you can’t see bitcoin at $320,000, you just lack imagination February Bitcoin futures on the Cboe Global Markets XBTG8, +1.03% slipped 2.4
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