Bitcoin (BTC-USD) Jumped 16% overnight to more than $4,700, according to data, leading other virtual currencies higher, with Ether

Bitcoin Back in the headlines for a moment

Cryptocurrency Blockchain

Bitcoin (BTC-USD) Jumped 16% overnight to more than $4,700, according to data, leading other virtual currencies higher, with Ether (ETH-USD) and Ripple (XRP-USD) both Peaking Near 6%. Bitcoin also briefly found the $5,000 mark on the Luxembourg-based Bitstamp exchange.

While sudden swings in Bitcoin are nothing new, price action in the crypto has been more than subdued this year as investors weighed the prospects for more mainstream adoption following a 74% crash in 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.