Breaking Crypto News Flash: Bitcoin and cryptocurrencies succumb to US pressure?
The markets continue to come under pressure from the U.S. The manipulative campaign by the Fed and SEC on Wednesday created an image of instability. Despite this news on Thursday, bitcoin and cryptocurrencies rose sharply.
On Friday morning, bitcoin rallied in all 10 of Asia's largest cryptocurrencies, as well as stocks rose overnight. Bitcoin rose back above $28,000. The market was not bothered by recent warnings from U.S. regulators about cryptocurrency platforms.
Litecoin led the gains. U.S. stocks rose Thursday after Treasury Secretary Janet Yellen said she would take "additional measures" to protect customer deposits, if necessary, after a series of bank failures this month.
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