Bitcoin reclaims 38k

Since an earlier update here on the progress of Bitcoin today, the price has now taken out the 38k it just failed to surpass earlier in the Asian session. The price has now risen to around 38,250, and that move has taken place as the whole risk dynamic continues to improve today. That is well demonstrated by the further gains across all the European stock markets and US futures indexes. The move higher in BTC has also seen a corresponding rebound in the price of Ether too. That has now managed to recover back above $2,500 today. Meanwhile Bitcoin has just backed away from that earlier high and it is just now trading at 37,920