Bitcoin Price Briefly Revisits $40,000 as Bulls Pare Week's Losses
Bitcoin has rallied nearly 15% in the past 24 hours. Ether hits $1,200.
Bitcoin briefly broke above $40,000 again Thursday morning as the market reversed the bulk of its losses from Monday.
- The leading cryptocurrency rose to $40,066.32 before settling back to $39,521.46, up 14.25% in the past 24 hours, per CoinDesk's Bitcoin Price Index (BPI).
- With the downturn seemingly over, other cryptocurrencies are following bitcoin, with ether reclaiming $1,200, up 13%.
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