Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: waybesuricata on January 09, 2021, 01:13:09 PM
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Bitcoin (BTC) returned to $40,000 on Jan. 8 as another price consolidation period ended characteristically briefly.
Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD quickly rise to recapture the psychologically significant price level during trading on Friday.
After a 9% fall following runs to all-time highs the day before, Bitcoin managed to stay lower only for a matter of hours before bullish momentum returned. Thereafter, the largest cryptocurrency not only matched its all-time highs but delivered a new one: $40,087.
Continuation of the article and source: https://cointelegraph.com/news/bitcoin-price-quickly-rebounds-to-reach-41-000-as-market-cap-passes-tencent