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11/27/2021, 10:11 AM (Source: TeleTrader)
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Bitcoin bounces back, climbs over $55,000

The price of Bitcoin recovered losses on Saturday to trade again above the $55,000-mark.

In the past week, the world's most famous cryptocurrency had tumbled from the record high it reached this month as traders were shaken by concerns over a new variant of the coronavirus, spurring liquidations across the market.

Bitcoin has jumped 2.63%, going for 55,181.286 against the dollar at 4:04 am ET.

Baha Breaking the News (BBN) / NL