$25 Billion Added To The Crypto Market With Bitcoin and Altcoins Both Rising

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The crypto market has seen a huge increase in price, as this made a lot of traders and investors look more on the positive side of the market singing the bulls are coming.

Bitcoin, for one, saw a strong move above the $6,500 line of resistance, which triggered a five percent decline in the amount of BTC in Bitfinex’s short selling contracts.

As of writing, the leading cryptocurrency is trading at $6,700 on Bitfinex – up 4.6 percent on a 24-hour basis – having hit a 16-day high of $6,745 earlier today.

Even though Bitcoin saw a slight push in its prices, there were also other cryptocurrencies that brought in the attention of many crypto traders. This included altcoins like ADA, XML, XRP, EOS...

Read More: https://news.bitzamp.com/25-billion-added-to-the-crypto-market-with-bitcoin-and-altcoins-both-rising/