Bitcoin soars 40% in 10 days as bank turmoil sparks crypto rally

Bitcoin rose 26% last week, its best weekly gain since April 2019, and has soared some 40% in 10 days as turmoil in the banking sector rippled around the globe - culminating, so far, in UBS Group's takeover of rival Credit Suisse Group AG over the weekend.

Mar 21, 2023 - 15:58
Bitcoin soars 40% in 10 days as bank turmoil sparks crypto rally
Bitcoin rose 26% last week, its best weekly gain since April 2019, and has soared some 40% in 10 days as turmoil in the banking sector rippled around the globe - culminating, so far, in UBS Group's takeover of rival Credit Suisse Group AG over the weekend.