Micah Carnahan is a staff writer for Finder specializing in cryptocurrency. He has written for many crypto news organizations, including The Merkle and Benzinga. Micah holds a Bachelor of Science from California State Polytechnic University, Humboldt and currently resides beneath the ever present fog of California’s lost coast.
Bitcoin 'is leading the market back from the depths of despair,' a cryptocurrency analyst says.
Bitcoin is leading the market back from the depths of despair, however, with a sharp bounce coming off of key support levels. Having fallen near $53,000 over the weekend, bitcoin has since gained roughly 5% as the omicron panic fades. Ethereum has followed suit.