No menu items!

Bitcoin Erases Covid-19 Panic, Rises Over 100 Percent in 7 Weeks to Near US$9,000

RIO DE JANEIRO, BRAZIL - After starting a bullish trend earlier this week, the Bitcoin gained momentum last night, climbing around ten percent on Thursday morning, April 30th, thus obliterating the drop recorded in March due to investors' panic over the coronavirus.

By 12:30 PM, the largest crypto-currency in the world had accumulated gains of 5.8 percent in 24 hours, to US$8,870, while in Brazil the appreciation was 5.7 percent, to R$47,990.

As a result, the Bitcoin returns to its level in late February, before the market collapsed with the risk flight made . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content