The latest move by Rothschild Investment, one of the largest investment funds in the USA, has had an impact on Bitcoin prices. The organization, which is not related to the famous Rothschild family, announced that it received Bitcoin. The fund, which bought 93,521 Grayscale Bitcoin Trusts, is known to prefer to stay on the buy side during sharp declines.
Fitch description can mess up
Credit rating agency Fitch has stated that cryptocurrency mining puts US public energy utilities in a difficult position and can be risky. Cryptocurrency mining requires high energy and some countries are suspending or banning mining activities as a precaution. This statement of Fitch has not yet been taken into account by the markets.
Bitcoin on the brink of recovery
After the earthquake in Bitcoin prices, the charts started to turn green today. Bitcoin rallied to $36,000, gaining close to 3%.
Ethereum could not recover from minus level
The charts of Ethereum, the other strong cryptocurrency, failed to turn green. Ethereum is down close to 2% at the $2380 level, with major strength loss.
Here are the top rising altcoins
Among the most rising cryptocurrencies are speculative altcoins. DIA increased by 34 percent to $1.13, OOKI increased by 29 percent to $0.013, UNFI increased by 28 percent to $ 6.20, ANT increased by 17 percent to $ 5.12.
Most falling altcoins
Altcoins are again leading the bearish list. PERP is down 20 percent to $6.02, FXS is down 14 percent to $17.09 and CREAM is down 14 percent to $38.6.
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