The cryptocurrency Bitcoin rose to around $51,000 and touched its highest level in more than two weeks, buoyed by greater positive sentiment in financial markets.
And the largest cryptocurrency achieved a gain of about 4% during the past two days, and at one stage of dealing it reached 51,524 dollars today in Asian trading.
Ether, the second largest cryptocurrency, approached the $4,100 level.
According to Bloomberg, risk appetite improved in global markets, with the broader Standard & Poor’s index closing in the New York Stock Exchange on Thursday at a record high.
She said it remains to be seen whether the wave of liquidity erosion for central banks will pose greater challenges to cryptocurrency demand.
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