Bitcoin Price Skyrockets to $9,387: What’s Behind the New 2019 High?

2019-6-17 09:50

By CCN Markets: The bitcoin price has surged by seven percent on the day, recording a 32 percent monthly gain and a 151 percent year-to-date gain against the U. S. dollar. The strong upside movement of the dominant cryptocurrency has occurred in anticipation of the opening of the CME bitcoin futures market on Monday.

Factors behind the bitcoin price rally Earlier this week, when the bitcoin price was hovering at around $8,100, the “real 10” volume of the asset was at around $600 million. The real 10 volume of bitcoin refers to the verifiable volume of the asset based on the

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Bitcoin (BTC) на Currencies.ru

$ 87597.97 (-0.36%)
Объем 24H $25.491b
Изменеия 24h: 0.17 %, 7d: 1.73 %
Cегодня L: $87571.2 - H: $87947.91
Капитализация $1749.04b Rank 1
Цена в час новости $ 9054.09 (867.5%)

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Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why

Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences.

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