RATE Group | Bitcoin Has Risen More Than 33% In A Month
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Bitcoin Has Risen More Than 33% In A Month

24 Jul Bitcoin Has Risen More Than 33% In A Month

Posted at 00:56h in Bitcoin News by

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Bitcoin prices have rallied in the last month. Shutterstock

Bitcoin prices have climbed sharply over the last month, increasing by more than one-third after hitting a 2018 low in June.

The digital currency’s price reached as much as $7,770.58 today, according to the CoinDesk Bitcoin Price Index (BPI).

At this point, the world’s largest cryptocurrency by market value was up more than 5% since the start of the day and 34.3% from its recent low on June 24, additional BPI figures show. 

Further, Bitcoin was trading at its most elevated value since May 23, attaining its highest price in roughly two months.

[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 has benefited from several positive developments lately, for example, the announcement that the Chartered Financial Analyst (CFA) exams will incorporate…

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