Cryptocurrency
Bitcoin Back Above $7K as a Higher Low Can Spark an Explosive Move
As reported by Cointelegraph, “Bitcoin (BTC) bounced back from an early morning sell-off, reaching highs for the day of $7,375, a swing of 7.5% from the lows of $6,854. “Other major cryptocurrencies also made similar moves in price, with Ether (ETH) regaining $130 having traded as low as $125.50 and XRP reclaiming $0.19 having previously traded at $0.185. “Bitcoin […]
As reported by Cointelegraph, “Bitcoin (BTC) bounced back from an early morning sell-off, reaching highs for the day of $7,375, a swing of 7.5% from the lows of $6,854.
“Other major cryptocurrencies also made similar moves in price, with Ether (ETH) regaining $130 having traded as low as $125.50 and XRP reclaiming $0.19 having previously traded at $0.185.
“Bitcoin dominance remains above 68% and looks like it’s on its way to grab 70% of the market share of the total cryptocurrency market capitalization…”