Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle for lost ground.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin shakes off USDC depeg
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,200 at the time of writing.
Trending: WOW! Black Male Goes Off on Racist Tirade at Young White Couple With Toddler on NYC Subway… Calls Small Child a “Monkey” and Tells Him to “Shut up!”… Where’s the Outrage? Where’s The Hate Police? [VIDEO]
A brief dip below the $20,000 mark overnight was short lived, and the mood appeared more stable on the day as the initial wave of panic over United States bank stability subsided.
The collapse of SVB Financial, which followed Silvergate in dealing a fresh blow to some crypto firms, nonetheless continued to play out.
At the heart of the debacle this time was Circle, the Blockchain firm which overnight revealed that it had lost part of the reserve funds for its
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!