2019-5-19 10:13 |
By CCN: The bitcoin price has surged by seven percent in the past several hours from $7,300 to around $8,000 in major markets including the U. S. , demonstrating a strong recovery from its abrupt drop to $6,400.
On May 17, as CCN reported, the bitcoin price briefly plunged to $6,400 by more than 18 percent against the U. S. dollar. Market eating up an 18% bitcoin drop quickly is a sign of positive sentiment Analysts including Dovey Wan, a founding partner at Primitive, stated that the brief price drop of bitcoin on Friday was likely due to manipulation engaged by a single
The post Meteoric Crypto Recovery: Here’s What Triggered Bitcoin Price Above $8,000 appeared first on CCN
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