Bitcoin Gains Ground on Institutional Adoption | MENAFN.COM – MENAFN.COM

Bitcoin Gains Ground on Institutional Adoption | MENAFN.COM – MENAFN.COM

(MENAFN - Daily Forex) Bitcoin gained 4. 62% against the US dollar yesterday, closing the session at the 35, 407. 0 level and gaining ground for the fifth consecutive session. Since the beginning of the week, Bitcoin has gained 13. 66% against the US dollar, gaining ground for the second consecutive week after gaining 7. 24% in the previous week. On Sunday, Bitcoin managed to hit the 39, 000 level, which is remarkable considering that it recently fell below the 30, 000 level after a sell-off in stocks and an increase in risk aversion. Other cryptocurrencies also managed to gain ground during the session. Ethereum gained 1. 83% against the US dollar and closed the session at the 2, 190. 59 level, followed by Dogecoin, which gained 1. 75% during the session and closed the session at the 0. 197533 level. Similarly, XRP gained 0. 03% during the session and closed at the 0. 60685 level, followed by Litecoin, which gained 1. 64% during the session, closing at the 127. 590 level. Advertisement Trade crypto CFDs quickly, conveniently, and with superior technology. GET STARTED Elon Musk recently commented in a conference that Tesla is considering receiving Bitcoin again as a