Bitcoin Rallies, For Now

 Along with many stocks, bitcoin and some other cryptos have bounced back today, reports The Wall Street Journal. Since hedge funds and family offices are including crypto in their investments those digital assets are behaving more and more in lockstock with stocks. 

However, today's rally doesn't rule out future bad days or even bad months or bad quarters for crypto. During the past five trading days the market value of bitcoin plunged 225.

Among the belivers in crypto is El Savador's president Nayib Bukele. On the dip he purchased 500 bitcoins at 30,744. In his nation bitcoin is legal tender. 

Connect with Editor-in-Chief Jane Genova at janegenova374@gmail.com.

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