Bitcoin Extends Price Anniversary Rally to Hit $3,800 as Altcoins Surge Higher

[CebuBitcoin]

Wednesday, Dec. 19 — Cryptocurrency markets continue a fresh rally with Bitcoin (BTC) touching $3,800 and leading altcoins to claw back their latest losses.
Market visualization

Market visualization from Coin360

Data from Cointelegraph’s own price index, CoinMarketCap and Coin360 confirms the extended rebound, which began late Monday and continued through Tuesday.

After a slight correction, almost all of the top 20 assets by market cap began climbing higher again, with BTC/USD finding support at $3,750.

Last week, the pair had dipped as low as $3,130 amid warnings that a much larger fall could be imminent, potentially taking Bitcoin to $1,300 or lower.

At press time, the largest cryptocurrency was trading on major exchanges for around $3,830.

Readmore: https://cointelegraph.com/news/bitcoin-extends-price-anniversary-rally-to-hit-3-800-as-altcoins-surge-higher

[PRIBO247]

Wednesday, Dec. 19 — Cryptocurrency markets continue a fresh rally with Bitcoin (BTC) touching $3,800 and leading altcoins to claw back their latest losses.
Market visualization

Market visualization from Coin360

Data from Cointelegraph’s own price index, CoinMarketCap and Coin360 confirms the extended rebound, which began late Monday and continued through Tuesday.

After a slight correction, almost all of the top 20 assets by market cap began climbing higher again, with BTC/USD finding support at $3,750.

Last week, the pair had dipped as low as $3,130 amid warnings that a much larger fall could be imminent, potentially taking Bitcoin to $1,300 or lower.

At press time, the largest cryptocurrency was trading on major exchanges for around $3,830.

Readmore: https://cointelegraph.com/news/bitcoin-extends-price-anniversary-rally-to-hit-3-800-as-altcoins-surge-higher

This seem to be the beginning of the return of bitcoin from the dump. And as usual, altcoins are also trying to follow suit. I believe the bull run we have all been waiting for will not be long in coming.