cryptonews 2022-05-13 04:06:00

Bitcoin Jumps Above USD 30K, Ethereum Reclaims 2K as Tether Regains Peg, LUNA & UST Near Zero

Bitcoin price remained well bid above USD 25,000 and started a recovery wave. It is currently (04:46 UTC) trading above the key USD 30,000 resistance zone, near USD 30,500, and is up 6% in a day, trimming its weekly losses to 17%. USDT regained its peg after losing it yesterday. (Learn more: Market Panic Puts Tether Peg Under Pressure; Two Clues for When Bitcoin Downturn Might End)...Read More: Bitcoin Jumps Above USD 30K, Ethereum Reclaims 2K as Tether Regains Peg, LUNA & UST Near Zero

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