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Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery

Discussion in 'Intermediate Level' started by Arpit, Jul 24, 2018.

  1. Arpit

    Arpit Scholar

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    Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other crypto assets, according to data from Coin360.

    In the days following the strong upswing that kicked off across the crypto market on July 16 and accelerated further on July 17, Bitcoin has sustained positive momentum while other alts slid into negative territory.

    [​IMG]

    Market visualization from Coin360

    Bitcoin (BTC) is trading around $8,009 to press time, up 3.9 percent on the day. The leading asset gained over $200 dollars within the space of an hour and a half this morning to hit $7991, and then broke the $8,000 resistance level, peaking at a 24-hour high of $8,031.

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