BTC Price Recovers After DOJ’s Announcement

Bitcoin, ether and other cryptocurrencies began to recover following the action of the US Department of Justice against a cryptocurrency exchange called Bitzlato.

According to The Block, the prices of bitcoin, ethereum, and other cryptocurrencies have recovered as the US Department of Justice (DOJ) announced an enforcement action against a little-known exchange called Bitzlato.

Bitcoin was trading around $21,000 at dawn on Jan. 19, up more than 3% in the past hour, according to TradingView data.

price chart btc

On the night of January 18, the leading cryptocurrency bitcoin by market capitalization lost about $1,000 in value after the DOJ said it would announce joint enforcement action against an international cryptocurrency entity on Wednesday. now on.

ETH also showed similar signs of recovery, racing to $1,600, then falling to around $1,500 as the DOJ announcement sent the crypto markets into a frenzy.

ETH price chart

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