scorecardresearchBitcoin bounces above $20,000 for first time in about a week

Bitcoin bounces above $20,000 for first time in about a week

Updated: 27 Sep 2022, 09:17 AM IST
TL;DR.

The biggest cryptocurrency by market value, bitcoin, was up more than 5% at $20,286. The second-biggest, ether, rose 4% to a one-week high of $1,389.

FILE PHOTO: Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

FILE PHOTO: Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade.

The biggest cryptocurrency by market value, bitcoin, was up more than 5% at $20,286. The second-biggest, ether, rose 4% to a one-week high of $1,389.

In the broader market the dollar eased slightly after soaring to fresh heights on Monday

First Published: 27 Sep 2022, 09:17 AM IST