News Bit: Bitcoin Hits Past $27,800, Up 65% Amid U.S. Banking Crisis
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News Bit: Bitcoin Hits Past $27,800, Up 65% Amid U.S. Banking Crisis

Bitcoin reaches a 9-month high, closing at $27,467, driven by a banking crisis in the United States and issues with multinational banks like Credit Suisse. Analyst Markus Thielen sets the next price target for Bitcoin at $28,000 as the cryptocurrency gains momentum amid the ongoing banking crisis. Price data are accurate as of March 18…

News Bit: Bitcoin Briefly Plunges Below $20k as Crypto Rally Reverses Course
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News Bit: Bitcoin Briefly Plunges Below $20k as Crypto Rally Reverses Course

Bitcoin hovers below $20,000: Bitcoin recently dropped in value and briefly went below $20,000. This happened after U.S. President Joe Biden made an announcement about the country’s budget, which caused some uncertainty in the cryptocurrency market. Additionally, a bank called Silvergate, which provides services to companies that use cryptocurrency, announced that it was going out…