Bitcoin prices may have dipped below the psychological $10,000 barrier in Monday night trading, but a $300 jump in less than an hour saw the cryptocurrency back above this important level. Holders will now be hoping that the former resistance turns to support and provides Bitcoin with a springboard to head for $11,000 and beyond. Having reached a high of over $10,300, the digital gold’s price posted a new
A number of reasons have been cited for Bitcoin’s bullish start to the year, which has seen prices increase more than 40% in just over a month. Some have pointed to the coronavirus outbreak and indicated that this is a sign that Bitcoin is now being used as a
As is becoming a common site in 2020, there is a sea of green across the whole cryptocurrency market.
Ethereum, which is the
EOS, meanwhile, has continued its march, adding more than 7% to its price and seeing it overtake Litecoin in market capitalization. It is now the 6th largest coin. Tezos has seen the greatest gains of the top 10 coins, adding nearly 11% to its price and reaching $2.88.
At 20:15, Bitcoin (BTC) prices are up 3.27% to $10,156.75 while Ethereum (ETH) has risen by 6.2% and is changing hands at $235.61. Ripple (XRP) prices have gone up 2.06% at $0.28. Bitcoin Cash (BCH) and Bitcoin SV (BSV) have increased by 2.27% and 2.66% to trade at $461.50 and $361.12 respectively.
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