RATE Group | Bitcoin higher after holding support at $6,000 over weekend
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Bitcoin higher after holding support at $6,000 over weekend

Bitcoin higher after holding support at $6,000 over weekend

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Bitcoin came perilously close to breaking below $6,000 over the weekend, trading to $6,008.68 on Saturday morning in New York.

The move south pushed bitcoin’s total loss for August to 21%, and left it in danger of making a fresh 2018 low, a level crypto guru Barry Silbert said he did not think it would breach when speaking at the CNBC Delivering Alpha conference on July 18.

However, owners of bitcoin breathed a sigh of relief as the world’s biggest digital currency held the $6,000 level, before trading higher through the latter half of the weekend. In early Monday trading, bitcoin

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