Bitcoin is easily influenced by governments and whims and wishes of famous personalities and companies
Ether was already lower on the day going into the technical adjustment
Traders drew confidence from recent positive comments about the cryptocurrency by high-profile investors
More than $950 million of crypto shorts were liquidated on Monday
The surge on Monday brought crypto markets back to life after they've been stuck in the doldrums for months
Bitcoin had looked to be in danger of further declines after it fell below $30,000 earlier in the week
The largest digital currency rose as much as 3.4 per cent and was holding at about $30,800
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
Some traders had viewed $30,000 as a key support that might open the way to more losses if breached
Seven in 10 institutional investors expect to invest in or buy digital assets in the future, although price volatility is the main barrier for new entrants, a study has found
Twitter CEO Jack Dorsey has announced to create a new business focused on building an open developer platform for Bitcoin for his financial payments company Square
Accountants are fitting crypto into existing categories. As an intangible asset, Bitcoin's book value can go only one way: down.
The largest cryptocurrency had risen as much as 3.7% to $35,094 before dropping back
Indian cryptocurrency exchanges are scrambling to secure viable, permanent payment solutions to ensure seamless transactions
The exchange's customers said on Tuesday they were unable to deposit or withdraw sterling from the platform, days after regulators in Britain cracked down on some of its activities in the country
TP ICAP is the world's biggest interdealer broker
"Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwest province of Sichuan
Asian financial regulators should do more to support large-scale trials of "tokenised securities", an industry body said
The stock closed at $38.30, up 10 per cent for the day, according to prices on Nasdaq Dubai's website.
Crypto tumbles amid broad China crackdown, energy usage concerns