Bitcoin rallies from last week’s dramatic plunge ...News

Russia Today - Economy
Bitcoin rallies from last week’s dramatic plunge
source : Russia Today ( News ) () 8
The world’s most popular digital currency, bitcoin, climbed 8% on Monday to $53,544 per coin, in a sign that the cryptocurrency market is recovering from a broad sell-off in recent days. Bitcoin’s comeback follows the slide below the $50,000 mark on Friday, its lowest price since early March. The entire cryptocurrency market shed more than $200 billion of value in a single day, after a proposed capital gains tax hike by US President Joe Biden. Washington is expected to raise long-term capital gains tax for the wealthiest Americans to 43.4%, including a surtax.  Bitcoin’s downturn temporarily pulled its share of the cryptocurrency marke

Hence then, the article about bitcoin rallies from last week s dramatic plunge was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bitcoin rallies from last week’s dramatic plunge )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

In HelloNation, Auto Maintenance Expert Gerald Gillis Identifies Key Vehicle Warning Signs

before 19 minute

MBC GROUP DELIVERS RESILIENT 1Q 2026 PERFORMANCE ANCHORED BY STRONG MBC SHAHID GROWTH

before 2 hours & minute

Gulf nations hoped to move beyond oil. The Iran war made that much harder.

before 4 hours & 43 minute

Kalaam Telecom Unveils "Klik for Businesses" in Saudi Arabia to Digitize Enterprise Customer Experience

before 9 hours & 39 minute

Trump Could Tap Oil under U.S. Military Bases to Top Strategic Reserve

before 14 hour & 37 minute

Iran War Threatens Gulf Investment Boom in Central Asia

before 16 hour & 49 minute

Nuclear energy in the Middle East: A realistic choice or a risk?

before 18 hour & 21 minute

Why U.S. Drillers Can’t Solve the World’s Oil Supply Crisis

before 18 hour & 50 minute

Power Shortages Threaten Kazakhstan’s $1.9 Billion Data Center Push

before 20 hour & 43 minute

Now Is Your Spark : Huawei offre à chacun la possibilité d'être la star de sa propre vie grâce à des technologies adaptées à tous les scénarios

before 21 hour

Ethiopia: Ethiopian Economic Reform Attracts Zimbabwean Investors - Ambassador Rashid

before 21 hour & 11 minute

Japan’s Hybrid Car Strategy Gains Ground as EV Demand Rises

before 22 hour & 38 minute

CTONE Group Unveils AI Strategy and New Agent Computer Series

2026-5-9

Almarai celebrates graduation of 55 employees from Its annual leadership development programs

2026-5-9

China& 039;s Foreign Trade Grows by 14.2 % in April

2026-5-9