Bitcoin bounces above $20,000 for first time in about a week

Bitcoin bounces above $20,000 for first time in about a week

SYDNEY (Reuters) – Bitcoin broke above $20, 000 upon Tuesday for the first time in about a week, since cryptocurrencies bounced, along with other risk-sensitive assets, within Asian trade.

The biggest cryptocurrency simply by market value, bitcoin, was up more than 5% at $20, 286. The second-biggest, ether, rose 4% to an one-week high of $1, 389.

In the broader market the particular dollar eased somewhat after soaring to fresh heights on Monday.

(Reporting by Tom Westbrook; Editing by Clarence Fernandez)