scorecardresearchBitcoin holds steady over $20,000 as US dollar sags

Bitcoin holds steady over $20,000 as US dollar sags

Updated: 09 Sep 2022, 01:47 PM IST
TL;DR.
Bitcoin, the biggest cryptocurrency by market value, rose more than 7% to $20,796, a two-week high. Ether, the second-biggest, rose 5% to also hit a two-week peak at $1,717. Bitcoin had been as low as $18,540 on Wednesday.
FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration

FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration