RATE Group | Bitcoin Hits New Yearly High For the Second Day in a Row
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Bitcoin Hits New Yearly High For the Second Day in a Row

07 Feb Bitcoin Hits New Yearly High For the Second Day in a Row

Posted at 00:45h in Bitcoin News by

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Bitcoin once again hit a new yearly high, for the second consecutive day. This morning Bitcoin reached a price of $9869 on BitMEX, the largest and most liquid crypto trading exchange.

Bitcoin, has been having a stellar year so far

It’s been another wonderfully good day for Bitcoin, and every other coin in the top ten by market cap, except Bitcoin SV which is in the red. Bitcoin smashed through yesterday’s resistance of $9779, and reached a new yearly high of $9869.

Ethereum has also made solid gains today, up 5% at $212. Yesterday’s breakout set a new high for ETH, after crossing a resistance that had held price down for 5 months. Several prominent traders have called Ethereum a steal even at $200, due to a lot of good news coming out about Ethereum 2.0.

Ripple’s XRP token has held its price and increased to $0.28, on the strength of CEO Brad Garlinghouse’s fiery response to Mike Novogratz, who said that he expects Ripple’s performance to be lackluster for 2020….

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