Investing.com - After a trough of $ 6,620 yesterday morning, Bitcoin has regained some ground, peaking at $ 7,415 in the afternoon, and remains above the $ 7,000 threshold on Tuesday morning, up more than 7% over 24 hours.
Bitcoin has faced increased volatility since yesterday's sell-off, which sent it down to $ 6,500. After touching the lower level, its price rose by nearly $ 1,000 - indicating that this could be a massive short-term supportive region for the contested cryptocurrency.
TOKYO — Japanese economic growth accelerated strongly in the third quarter. Japan has the world’s third-largest economy, but it has been struggling to lift a lackluster growth rate and escape the trap of deflation — sagging consumer prices associated with weak output and declining living standards. So what went right last quarter? And will it last?