Bitcoin surges past $28,000 after UBS deal to buy Credit Suisse


Published: March 19, 2023 at 2:57 p.m. ET

Bitcoin surged on Sunday night after the announcement that UBS will buy Credit Suisse, setting the stage for a potential risk-on rally. Bitcoin BTCUSD recently was trading at $28,255, up some $842. The cryptocurrency is now 74% from its lows of Nov. 21.

Bitcoin surged on Sunday night after the announcement that UBS will buy Credit Suisse, setting the stage for a potential risk-on rally. Bitcoin

BTCUSD

recently was trading at $28,255, up some $842. The cryptocurrency is now 74% from its lows of Nov. 21.



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