Bitcoin Claws Its Way Back Up; Retail Sales on the Rise
- Date: 10-Jun-2021
- Source: Newsweek
- Sector:Retail
- Country:Middle East
Bitcoin Claws Its Way Back Up; Retail Sales on the Rise
CryptoCorner
Bitcoin's 10% climb in the last two days raises a basic question: Is this a dead cat bounce or the foundation for a rally?
Two unrelated actions raised Bitcoin's profile: El Salvador became the first nation to adopt Bitcoin as legal tender, and ForUsAll, a provider of retirement funds, announced plans to allow workers to invest up to 5% of their 401(k) contributions in Bitcoin or other cryptos.
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