Categories: Bitcoin News

Bitcoin Price Jumps $7k Mark with over 10% Hike

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.

Bitcoin 24-hours price chart, Source: TradingView

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.

Top cryptos price, Source: Coinmarketcap

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!

Anjali Tyagi

Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.

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