Bitcoin Is Moving on Up
The news comes at a time when bitcoin seems to be enjoying new bullish trends. Since early April, the currency has been expanding in price and is currently trading for over $5,200. This is a massive difference from where bitcoin had fallen last November. For roughly five months, the cryptocurrency was trading between the mid and high $3,000 ranges, and many enthusiasts were seemingly giving up hope that anything would change quickly.
Thankfully, that change occurred in less than half-a-year, though there are still plenty of improvements to be made. Bitcoin, as we all remember, was trading for about $20,000 a little over a year ago, and it could take time for the currency to reach that point again.
For now, however, many investors are taking in the new sights of bitcoin’s latest price explosion and enjoying the larger…
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