Crypto Moves – Bitcoin and Ethereum rise; Crypto industry anxiety; BitOasis lay off staff

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Thursday, rising by 9.84 percent to $19,846.39 as of 8:35 a.m. Riyadh time.

Ethereum, the second most traded cryptocurrency, was priced at $1064.60 rising by 13.15 percent, according to data from Coindesk.

Concerns grip the crypto industry as Bitcoin nears the key $20,000 level

Crypto investors fear problems at major crypto players could unleash a major shakeout if not resolved, according to Reuters.