Bitcoin Up Over 20% From February Bottom — Market Talk
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Bitcoin prices have improved since finding a low of just below $63,000 in early February, according to data from CoinMarketCap. It has bounced more than $10,000 a token since then, with Zach Pandl of Grayscale suggesting in a note that bitcoin may have already set its near-term low. "Many recent buyers are back to breakeven-potentially signaling that Bitcoin has put in a durable market bottom in the $65,000 to $70,000 range," says Pandl. At $74,000, bitcoin transactions are seen as largely breakeven, says Pandl. Bitcoin is down 0.5% to $75,930 in morning trade, while ethereum has dropped 1.1% to $2,312. Privacy coin Monero is having a strong showing today, up 6.3% to over $375, according to data from LSEG. (kirk.maltais@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260421006030:0/
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