RATE Group | Bitcoin Extends Gains, Is Up More Than 40% From June Low
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Bitcoin Extends Gains, Is Up More Than 40% From June Low

24 Jul Bitcoin Extends Gains, Is Up More Than 40% From June Low

Posted at 18:14h in Bitcoin News by

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Bitcoin prices have climbed roughly 44% from their June low. Shutterstock

Bitcoin prices continued to gain late this morning, pushing higher after breaking through the key $8,000 level.

The world’s largest digital currency has enjoyed this continued rally as it benefits from a return of positive sentiment, said analyst Charles Hayter. 

The cryptocurrency market’s inner bull has returned, said Hayter, co-founder and CEO of digital currency data platform CryptoCompare.

Mati Greenspan, senior market analyst for social trading platform eToro, offered a similar point of view, stating in his daily newsletter that both Bitcoin – and altcoins – have been benefiting from a “renewed” interest.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

Bitcoin Extends Gains

Early this morning, Bitcoin surpassed $8,000 on the…

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