First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K

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As the U.S. dollar’s value slides, prices are suddenly rising for just about everything priced in dollars.  That includes bitcoin, which shot up some 13% on Monday for its biggest gain in almost three months. Prices soared past levels reached in February, prior to the pandemic-induced sell-off, reaching a new 2020 high of $11,180. You’re reading First […]

via CoinDesk https://www.coindesk.com/first-mover-dollar-drop-helped-bitcoin