Bitcoin has breached the $7k mark, reaching $7,880 at one point with over 10 percent gains. The greens have been dominating the crypto space as the top cryptos rise between the range of 5 and 10 percent.
Bitcoin Price in Double-Digit Gains
Bitcoin hits $7,000 in less than two hours as the entire market sees a wave of bullish momentum. At the time of writing, Bitcoin has been sitting at $7,170 as per TradingView. Today’s price range has been a really wild one between $6,294 and $7,788. However, soon after prices have started to take a drop.
The world’s leading cryptocurrency is managing the daily trading volume of about $4.6 billion with a $121 billion market cap.
Amidst this surge in cryptocurrency prices, the prices are available at a difference of as much as $400 at different exchanges.
As for the top altcoins, bulls seem to enter the market in full force as shown in the chart below.
The entire crypto market is enjoying the greens right now except for a few. However, Tether (USDT) is down by more than 7 percent at $0.918.
With the momentum the prices are rising, it can be expected that the positive rally just might get extended, but the surge has just started so it’s a wait and watch game for now.
Do you think a bull rally will finally make an entry in the market this time? Share your thoughts with us by commenting below!
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.