RATE Group | Bitcoin Price Surges Up To $6450 In Mere Seconds
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Bitcoin Price Surges Up To $6450 In Mere Seconds

10 Sep Bitcoin Price Surges Up To $6450 In Mere Seconds

Posted at 06:33h in Bitcoin News by

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Bitcoin (BTC) saw a sudden and unexpected increase today—in just a matter of minutes. It moved from $6,190 to almost $6,450 dollars in just four minutes. Bitcoin was traded close to $6,100 in the last hours of September 8th, nearing its 2018 low point.

Bitcoin Grows 4% in 4 Minutes

The BTC gain shows either resiliency or price manipulation since it rose so much in a short time. Analysts pegged Bitcoin’s next price level at $5,800, but it bounced up to $6450 in a matter of minutes. Immediately after, all the other cryptocurrencies followed behind.

The total cryptocurrency market capitalization has also increased. It passed from $192 billion to $198 billion in just minutes, growing 3.1%. During the last days, the total market capitalization was close to $200 billion dollars. The market tried to break that barrier two times on September 6th and 7th, but it couldn’t. On September 8, it was finally able to go down to $191 billion dollars.

Most of the cryptocurrency investors and…

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