Name: Bitcoin Bounces Back Above $53K After Last Week’s Pullback
Uploaded: 2021-04-26T15:12:36.000Z
Duration: 6 min 12 s
Description: Bitcoin recovered about one-third of the recent decline from $64.8K to nearly $47K, but what’s behind the bounce? According to Kapil Rathi, CEO of CrossTower, the rise in price could be attributed to various factors, including increased retail investment, decreased leverage in the Asian markets, and signs that institutions bought the dip.

CD20$2,040.342.11%BTC$75,740.292.35%ETH$2,071.402.75%XRP$1.342.28%SOL$84.952.47%

Bitcoin Bounces Back Above $53K After Last Week’s Pullback | CoinDesk Videos

Loading video...

CD20$2,040.342.11%BTC$75,740.292.35%ETH$2,071.402.75%XRP$1.342.28%SOL$84.952.47%

Bitcoin Bounces Back Above $53K After Last Week’s Pullback | CoinDesk Videos