Tether settles with the NYAG and Square buys the dip, sparking rapid recovery for crypto markets
Crypto at a glance
Was that the dip? Just when it looks like you’re going to be able to buy crypto at a huge discount, bam! Yet another corporate giant starts buying and it’s back up we go. Can the recovery now be sustained? Is $50,000 the new bottom for BTC?
After Monday’s drama saw Bitcoin plunge to as low as $45,000, a stream of good news yesterday has since seen the leading cryptocurrency bounce back almost immediately and it’s now stabilised above $50,000 again.