Bitcoin Reclaims $40,000
Bitcoin climbed back above $40,000 and it might move to $45,000 amid a broad rally in financial markets, while day-trading favorite Shiba Inu surged more than 30%.
Shiba Inu and three other tokens — Solana’s SOL, Polygon’s Matic and Compound’s COMP — were all listed for the first time on Robinhood Markets Inc.’s platform.
Shiba, which trades at a fraction of one U.S. cent, was the biggest gainer of the four, which all climbed in price.
Bitcoin had dropped Monday to below $40,000 for the first time in more than three weeks. It was about 1.2% higher at $40,315 as of 9:41 a.m. in New York. Ether also strengthened, rising to just above $3,000. Some smaller coins posted larger gains, with Avalanche rising 6.3% and Cardano advancing 2.7%.
Shiba Inu and three other tokens — Solana’s SOL, Polygon’s Matic and Compound’s COMP — were all listed for the first time on Robinhood Markets Inc.’s platform.
Shiba, which trades at a fraction of one U.S. cent, was the biggest gainer of the four, which all climbed in price.
Bitcoin had dropped Monday to below $40,000 for the first time in more than three weeks. It was about 1.2% higher at $40,315 as of 9:41 a.m. in New York. Ether also strengthened, rising to just above $3,000. Some smaller coins posted larger gains, with Avalanche rising 6.3% and Cardano advancing 2.7%.
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