Cryptocurrencies Bitcoin rises above the 60,000 dollar mark again
Bitcoin is continuing its recovery after the massive price crash of the past few days. On Friday, it rose above the 60,000 dollar mark again, after briefly trading at prices of less than 50,000 dollars at the start of the week.
09.08.2024, 11:21
09.08.2024, 11:22
SDA
On Friday morning, the leading cryptocurrency was trading at just under 61,200 dollars. It is remarkable how investors are already buying back in on a large scale after Monday's sharp correction, comments the German Emden Research. Support is also coming from the stock markets, where the European stock exchanges also made significant gains again on Friday following the strong recovery of the US indices the previous evening.
Investors in the crypto market are now slowly trying to regain a foothold in the market without losing sight of the macroeconomic risk factors, says analyst Timo Emden: after all, the "uncertainty cocktail" of recession worries and tensions in the Middle East is still not off the table, he warns.
