Why is Bitcoin worth up as we speak? By Cointelegraph

© Reuters.

(BTC) worth is up on March 11 as cryptocurrency markets stabilize following panic over a possible banking disaster.

1-hour candle chart (Bitstamp). Supply: TradingView

Information from Cointelegraph Markets Professional and TradingView exhibits BTC/USD climbing previous $20,300 on the time of writing, the pair up 2% from the day’s lows.

BTC/USD annotated chart. Supply: Dealer Tardigrade/ Twitter
BTC/USD annotated chart. Supply: Keith Alan/ Twitter
1-hour candle chart (Gemini). Supply: TradingView
Bitcoin funding charges chart. Supply: G a a h/ Twitter