Bitcoin recovered considerably after plunging to its lowest in nearly four months on Wednesday.
In a space of 24 hours that saw almost all cryptocurrencies lose their hold in the crypto market, Bitcoin's value had reduced by more than 26 percent, from a high of $43,602 to $31,926.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.