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Bitcoin Back Over $50,000, As Market Calms After Weekend Turmoil
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Bitcoin fell as much as 22% to just under $42,000 on Saturday.
Hong Kong: Bitcoin rose 1.5% in early Asia on Tuesday, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday's sharp and sudden plunge.
The world's largest cryptocurrency was last around $50,800, having closed a choppy day on Monday 2.2% higher.
"The general confidence in crypto is still high and market sentiment is coming back as we saw a general risk-on mood
Read more on ndtv.comAbout this in other media
Can analysts maintain ‘$100,000 in 2021’ prediction for Bitcoin, after weekend slump ambcrypto.com /2 years ago
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