Crypto Update | Central Banks Panic As Traders Flock to Bitcoin
Markets Outlook
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Introduction
Bitcoin, Ether and most other top traded tokens are up since our Friday check-in but down over the last 24 hours in early morning trading. Except for Bitcoin, BTC climbed above $28,000 for the first time since last July. Some analysts think that's down to traders who see the cryptocurrency as a hedge against the traditional banking system. Others anticipate a return to more accommodative monetary policy now that US central banks have seemingly broken something important.
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Transcript
