Sunday, June 2, 2019

Bitcoin Price Rallies to $8,800, Surges 9% in 3-Day Recovery

By CCN: Within the past three days, since May 31, the bitcoin price has climbed from $8,000 to $8,800, demonstrating a strong sign of recovery in a 9.5 percent rally and pushing the rest of the crypto market to the upside. On major regulated crypto asset exchanges like Bitstamp, the bitcoin price dropped to as low as $8,000 on last Friday, sparking fears of a potential decline below $7,000 in an anticipated pullback. The dominant crypto asset showed immediate recovery beyond $8,200, a support level many technical analysts have emphasized as crucial for the near-term sustainability of bitcoin. Traders more

The post Bitcoin Price Rallies to $8,800, Surges 9% in 3-Day Recovery appeared first on CCN



source https://www.ccn.com/bitcoin-price-recovery-rally-8800-surges-3-day

READ MORE http://cryptocurrencynewsdaily.blogspot.com/2019/06/bitcoin-price-rallies-to-8800-surges-9.html

from Cryptocurrency News https://icryptocurrencynews.tumblr.com/post/185320714228
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