Cryptocurrencies climb back above US$1 trillion mark as Bitcoin rallies
The Straits Times|September 28, 2022
Bitcoin jumped past the US$20,000 level on Tuesday and cryptocurrencies as a whole climbed back above US$1 trillion (S$1.4 trillion) in market value, helped by a hiatus in the turmoil that has gripped global markets.
Cryptocurrencies climb back above US$1 trillion mark as Bitcoin rallies

The largest token added as much as 6.1 per cent at 12.30pm in Tokyo, reaching the highest in more than a week. Ether, Solana and Avalanche also rose.

The gains came amid a bout of relative calm in global markets after bruising sell-offs for stocks, bonds and commodities in the face of rapidly tightening monetary policy to fight inflation and concerns about a recession.

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