Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Catherine McGrath

Bitcoin hovers above $90,000 as Trump backs off Powell and trade talks advance

(Credit: VCG/VCG—Getty Images)

Bitcoin has surged 10% over the past seven days and stayed above Bitcoin has been gaining ground. On Wednesday, the original cryptocurrency reached $94,000, its highest level since Mar. 2, after falling as low as $75,000 earlier this month. 

The rest of the crypto market has also rallied this week; Ethereum is up 11% in the last seven days, XRP up 7% and Solana up 13%. The traditional stock market is making gains as well after a historic meltdown earlier this month. The Nasdaq is up 5% in the last five days and the S&P 500 is up 4%.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.