- At the press time, bitcoin's price was at $31,817.11, up 3.49% in the past 24 hours.
- "What I'm seeing today is indeed a trend upwards," Alessandro Andreotti, an over-the-counter crypto trader, said. "But it's still too early to call whether this is a return to a bullish cycle or not."
- The current crypto market seems to be distracted by the ongoing GameStop situation, where a group of Redditors on a board called "Wall Street Bets" (WSB) sent GameStop shares (NYSE: GME) skyrocketing in order to squeeze hedge funds that were betting against the video game retailer and its stock.
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