Bitcoin Whales Boost Price as Stocks Shrug Off Russia-Ukraine Trouble By Cointelegraph

Bitcoin Whales Boost Price as Stocks Shrug Off Russia-Ukraine Issues

(BTC) held the $40,000 level in play at the open on Wall Street on Feb. 25 after 16% daily gains boosted bull confidence.

1-hour candlestick chart of the pair (Bitstamp). Source: TradingViewWhales “leading the charge” towards $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $39,000 mark at the start of trading on Feb. 25, geopolitical turmoil failing to induce a major new settlement.

  • Bitcoin investors ‘buy the dip’ as BTC nears $40,000, gaining 16% in less than 24 hours

Stocks also benefited as the week drew to a close, with Germany’s up 3% on the day and London’s up 4% on the day.

Read the full article on Cointelegraph

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