Bitcoin is today up by 13%—trading over $36,000—recovering from a massive sell-off on Monday following news that U.S. authorities had recovered more than $2 million in Bitcoin from the hackers responsible for the Colonial Pipeline ransomware attack.
The biggest cryptocurrency by market cap was on Wednesday trading at $36,291, according to Nomics data.
Colonial Pipeline, the company responsible for providing much of the US east coast’s gas supply, last month paid hackers nearly $4.4 million in Bitcoin who took down its network and held the company to ransom.
On Monday, the Department of Justice announced that law enforcement had, somehow, seized $2.3 million of the stolen funds. Speculation as to how, exactly, the FBI was able to recover the Bitcoin ran rampant, and an already panicked market seemingly panicked further. The price of Bitcoin dropped by roughly 10%—a fall in value that caused almost every other cryptocurrency to suffer, wiping $200 billion off the market.
Źródło: https://decrypt.co/73163/bitcoin-price-rebounds-colonial-pipeline-el-salvador
