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Bitcoin Surge Past $5950 in Hours, just one step away from $6000

The Cryptocurrency markets are turning around for the green after trading sideways at the beginning of the day. In a span of just 4 hours, the price of bitcoin has surged to hit 7 months high, Bitcoin took a long leap from $5,682 to $5,955, as per Coinmarketcap data, with this bitcoin reaching a new high for 2019. 

In the last seven days, the price of bitcoin has shown significant growth where Bitcoin started the week with $5242.69 and Now trading at $5,955 up by 14.1% within 7 days.

 

The total capitalization of the crypto market is up more than $20 billion in the past week, the price of bitcoin has surged by 53.2% in the last 3 months, the growth indicating the beginning of the bull run.

At the time of writing, Bitcoin (BTC) price at $5,945.91 with a 24-hour trading volume of $19,036,100,012. Price is up 4.8% in the last 24 hours. It has a circulating supply of 17.7 Million coins and a max supply of 21 Million Coins. The most active exchange that is trading Bitcoin is FCoin.

While crypto researcher willy woo indicated that bitcoin could fall as low as $3100, as he said earlier the price of bitcoin fell from more than $ 6,000 in the end to $ 3,150.

 

About Steve Anderrson

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

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