24 Apr Cryptocurrency News Roundup for April 23, 2020
Following a 19-day streak of trading in the $6,900 to $7,250 range, Bitcoin
BUY NOW closed just below $7,500. The last time the BTC was changing hands at that price was on March 13 — just before an unprecedented market bloodbath pushed it all the way down to $3,800 overnight.
The bulls are now optimistic that this surge to the mid-$7,000s has lessened the probability of BTC dipping below the support around $6,900.
Thursday was eventful for the more traditional asset classes as well. The S&P 500, for example, had a promising start to the day, but eventually ended marginally lower after a new report emerged claiming that an experimental drug for COVID-19 had failed its first randomized clinical trial.
Meanwhile, in other important stories from the past 24 hours:
Ripple is Suing YouTube
Ripple has filed a lawsuit against YouTube alleging that the massively popular video sharing portal did nothing to stop a group of scammers from impersonating the company and its…