Bitcoin Rises Back Above $40,000 to Show Some Recovery Signs
The largest cryptocurrency rose 0.8% to $40,160 at 5:30 p.m. in Hong Kong, gaining steam around midday in Hong Kong after dropping earlier in the session. Ether also strengthened at around the same time, rising to just above $3,000. Some smaller coins posted larger gains, with Avalance rising 3.8% and Polkadot advancing 2.3%.
