Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired.
/USD jumped to a peak of $1,797.88 earlier in the day, which comes less than 24 hours after falling to a low of $1,748.44.
Since hitting a seven-month high of $1,861 last Thursday, the world’s second largest cryptocurrency has mostly traded below $1,800.Overall, ethereum is down 1.19% from the same point last week, with prices mostly moving between a floor of $1,730, and a ceiling at $1,820.Prices may continue to trend sideways heading into April, unless some unexpected news moves markets.Tags in this story
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