Bitcoin, Ether Etch Largest Daily Gains in a Week

The world’s two largest cryptocurrencies by market capitalization, bitcoin and ether, have rebounded from seven-day lows.

Bitcoin was up 8.8%, over the past 24 hours having clawed back more than $3,000 from May 31 lows near $34,200. At press time the Cool” class=”rank-math-link”> said Gunnar Jaev, COO at First Digital Trust, a digital-asset trust and custodian. “The movement is bullish.”

The price increases came amid fresh reports that the (RBI) issued a circular on Monday stating commercial banks under its purview cannot cite the reserve bank’s 2018 ban.

That ban initially denied customers involved in digital assets access to traditional banking services. The ban was then quashed by the country’s supreme court last year.

Cool” target=”_blank” rel=”noreferrer noopener” class=”rank-math-link”>dogecoin the most gains.

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