Bitcoin (BTC/USD) Latest Price Lingers While Binance Hit With … – Bloomberg

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Bitcoin traded around the $28,000 mark with concern about financial stability fueling bets that major central banks will need to stop increasing rates amid rising recession anxiety.
The largest cryptocurrency briefly spiked 3% lower earlier, when Binance halted all spot trading on its platform because of a technical glitch. The firm said trading on the exchange would resume around 10 a.m. New York time, after the more than 2-hour halt.

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About the author

Manoj Nair

Manoj Nair

Manoj has an MBA in Information Systems and has worked in the tech industry for over a decade. He specializes in enterprise technology, focusing on innovations like blockchain, cloud computing, and data analytics that are changing the business landscape.