Bitcoin, ether and other crypto prices recovered as the U.S. Department of Justice announced an enforcement action against a little-known exchange called Bitzlato.
Bitcoin was trading around $21,000 by 12:15 p.m. EST today, up over 3% in the past hour, according to TradingView data.
The leading cryptocurrency by market cap fell by about $1,000 after the DOJ and Treasury said they would announce a joint enforcement action against an international crypto entity today.
Ether showed similar signs of recovery, racing toward $1,600, having fallen to about $1,500 as the DOJ’s announcement spooked crypto markets.
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Source: https://www.theblock.co/post/203410/bitcoin-crypto-prices-bounce-back-following-doj-announcement?utm_source=rss&utm_medium=rss