24 Jul Bitcoin breaks above $8,000 as cryptocurrency value continues to surge
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Bitcoin has broken above $8,000 for the first time since May, following a remarkable turn-around in fortunes that has seen the cryptocurrency rise in value by more than 30 per cent in the space of two weeks.
Other major cryptocurrencies, including ethereum, ripple and EOS, have bucked the usual protocol by not mirroring bitcoin’s market movements. Only bitcoin cash – itself a spinoff of bitcoin – followed suit with a surge of 5 per cent over the last 24 hours.
Bitcoin’s latest price gains mark a month of steady resurgence, which…
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