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Bitcoin Approaches $4,000 as the Stock Market Sees Gains


Most of the top 20 cryptocurrencies are reporting slight to noteworthy growth as the stock market also sees gains.

Friday, March 15 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time. Bitcoin (BTC) is approaching $4,000, according to CoinMarketCap data.

Market visualization from Coin360

Market visualization from Coin360

At press time, Bitcoin is up just under one percent on the day, trading at around $3,961, according to CoinMarketCap. Looking at its weekly chart, the current price is just about three quarters of a percent higher than $3,928, the price at which Bitcoin started the week.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: CoinMarketCap

As Cointelegraph reported earlier today, Fundstrat Global Advisors co-founder Thomas Lee broke with tradition about Bitcoin price forecasts, claiming that the market could see a U-turn in August.

Ethereum (ETH) is holding onto its position as the largest…



Read Full Story : Cointelegraph.com News

2019-03-15 17:44:00

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