Bitcoin Breaks $3,600 Price Point, Some Top Cryptos See Double-Digit Gains

Bitcoin has broken the $3,600 mark, with some the top 20 cryptocurrencies seeing double-digit gains.

Friday, Feb. 8 —  Bitcoin (BTC) has broken the $3,600 price point, with all of the top 20 digital currencies making significant gains on the day, according to data from Coin360.


Market visualization from Coin360

In the middle of the day, BTC spiked above the $3,450 mark and at press time the leading cryptocurrency is trading at around $3,640, making a 7.03 percent percent upturn over the day. On its weekly chart, BTC started the week at around $3,493 on Feb. 1, dipping as low as $3,398 on Feb. 7.


Bitcoin 7-day price chart. Source: CoinMarketCap

The daily Bitcoin (BTC) transaction volume has been recently increasing to levels not seen since January 2018, after BTC hit the $20,000 price mark, which could purportedly be a sign of the evolution of the cryptocurrency’s ecosystem and fundamentals. Jameson Lopp,…

Read Full Story : News

2019-02-08 23:17:00

What do you think?

0 points
Upvote Downvote

Written by Cointelegraph

Stellar Lumens (XLM) Faces Strong Rejection At Support Turned Resistance

Venture Capitalist Loses Bitcoin Bet, But Doubles Down on Crypto