Bitcoin Bounces Back Above $30K Amidst Crypto Market Fluctuations.
TL;DR Summary
Bitcoin has rebounded to $30,000 after falling to a 24-hour low of $29,100, with ether and other altcoins also rising. Coinbase CEO Brian Armstrong indicated that the crypto exchange would consider moving away from the US if the regulatory environment for the industry doesn't become clearer. FTX's collapse was the catalyst for a new bullish cycle in cryptocurrency markets, according to a research report by brokerage firm Bernstein.
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