Bitcoin Gains the Most in a Month as Dollar Drop Boosts Crypto – Bloomberg

Bitcoin Gains the Most in a Month as Dollar Drop Boosts Crypto – Bloomberg

Blockchain Crypto Market Technology
September 15, 2022 by Coinvasity
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Bloomberg Surveillance. Live from London and New York, bringing insight on global markets and the top business stories of the day.
The economy and markets are “under surveillance”. Bloomberg Surveillance, covering the latest news in finance, economics and investments.
Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover the truth
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Bitcoin rallied the most since July, breaking out of the narrowest trading range in about two years, as a drop in the dollar renewed demand for battered risk assets worldwide. 
The largest cryptocurrency by market value advanced as much as 10.1% to $21,341 as of 12:05 p.m. in New York. The increase was the most since July 19. Bitcoin is outperforming most of the other top tokens such as Ether and Cardano. Bitcoin and Ether are still both down about 50% this year.

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