Bitcoin climbs back over $30,000

Bitcoin rose about 3% to $30,762 in the Asia session

  
Representations of virtual currency bitcoin on top of a U.S. dollar banknote are pictured through broken glass in this illustration taken June 25, 2021.

Representations of virtual currency bitcoin on top of a U.S. dollar banknote are pictured through broken glass in this illustration taken June 25, 2021.

REUTERS/Dado Ruvic/Illustration

SINGAPORE - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.

Bitcoin rose about 3% to $30,762 in the Asia session after it dropped to its lowest since June on Tuesday at $29,296. Bitcoin is worth less than half its April record high of $64,895.22. Ether rose 4% to $1,862.

(Reporting by Tom Westbrook; Editing by Jacqueline Wong) ((tom.westbrook@tr.com; +65 6973 8284;))


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