RATE Group | Bitcoin price LIVE: BTC hits $8k as ‘green shoots of recovery’ spur steady price rise | …
36274
post-template-default,single,single-post,postid-36274,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin price LIVE: BTC hits $8k as ‘green shoots of recovery’ spur steady price rise | …

24 Jul Bitcoin price LIVE: BTC hits $8k as ‘green shoots of recovery’ spur steady price rise | …

Posted at 09:04h in Bitcoin News by

[ad_1]

8.00am MORNING HEADLINES

Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.

Bitcoin is priced at $8,001 this morning with ethereum rising to $467 and ripple down at $0.45.

BTC’s recovery continues, and a rise into mid to low $8k territory now seems likely before the end of play today.

Jordan Hiscott, Chief Trader at ayondo markets told Express.co.uk that the recent price rises are proof that the green shoots of recovery are appearing for cryptocurrencies and bitcoin could reach $9,200 in the very near term.

He said: “The plethora of negative news, both on a macro and micro level, seems to have reached a crescendo and I would argue has even started to dissipate. From the micro perspective, the setup from the chart of some of the dominant cryptocurrencies, like bitcoin, has certainly stabilised and formed a support base.

“In my view, Bitcoin could not sustain a move below $5,800 and then maintain a…

[ad_2]

Source link

Tags:
, , , , , , , , , , ,