Bitcoin Reclaims Almost All of the Losses From Thursday’s Rout

Bitcoin is reclaiming its place among the favorite assets of thrill-seeking speculative traders. On Friday, the original digital currency surged the most in almost three years to recoup almost all of the losses registered during Thursday’s crypto market meltdown that had dragged the token down more than 50% from its October peak. The dizzying swings of around 13% have helped to reignite a jump in the volatility that traders traditionally relish because of the potential profit opportunities. Bloomberg News Executive Editor for Crypto, Payments and Digital Finance stacy-marie ishmael joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Source: Bloomberg