Prices of virtual assets, including Bitcoin, rebounded across the board. Bitcoin at one point regained the $88,000 level.
As of 8 a.m. on the 17th, on global coin price tracker CoinMarketCap, Bitcoin was up 1.68% from 24 hours earlier at $87,719. Bitcoin around 3 a.m. that day also regained $88,000.
Ethereum, the No. 2 by market cap, is down 0.33% at $2,952. Binance Coin, No. 4 by market cap, is up 1.88% at $873, and Ripple is up 1.65% at $1.92.
This is seen as the result of bargain hunting flowing in after virtual asset prices plunged across the board the previous day. The previous day, Bitcoin fell to as low as $85,381, and virtual asset prices plunged across the board.
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