Multiple cryptocurrencies rebound after prolonged slump

Multiple cryptocurrencies rebound after prolonged slump

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Multiple cryptocurrencies saw marked rebounds this week after experiencing months of steady declines following record highs.  Data from crypto intelligence company Coinbase showed cryptocurrencies such as Bitcoin, Ethereum, Cardano and multiple other currencies in positive territory, with many enjoying double-digit spikes.
Bitcoin on Tuesday afternoon was showing a near-eight percent increase over the prior 24 hours, having seen a roughly 20 percent spike since the prior Tuesday to finish at around 23,000 USD on Tuesday. That rise, however, still sees the popular crypto in sharply negative territory relative to its peak in November at around $61,000. 
Still, the spikes of...
Source: https://justthenews.com/nation/economy/multiple-cryptocurrencies-rebound-after-prolonged-slump?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators