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Bitcoin pressing above 39k once more

25 Feb, 2022

A good barometer of the shift in risk appetite today has come from the move higher in Bitcoin that has unfolded just now. The lead cryptocurrency did rise above 39k yesterday evening, but then it backed off in earlier trading today. Well, now that the US and European equity markets have put on even more gains since a previous update here a short while ago, that has helped Bitcoin to rise again. The price has now lifted back above 39k and it is rising to new session highs as it lifts closer to a possible move back above 40k. Bitcoin is just now trading at 39,350
 

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