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Bitcoin surges 17% in sudden move to above $8,000, then loses some ground

From cnbc.com

Bitcoin surged 17%, climbing above $8,000 ThursdayBitcoin surged 17%, climbing above $8,000 Thursday 24 Mins Ago | 00:35 Bitcoin surged Thursday more than 17 percent in a sudden move to above $8,000 at one point, according to trading on Coinbase. The cryptocurrency hit a high of $8,011 on Coinbase. Trading was volatile and bitcoin was about 11 percent higher near $7,680 as of 9:36 a.m. ET, according to Coinbase. Bitcoin leaped from a low of $6,786 Thursday morning and some traders are watching whether it can hold above $7,500. The sudden jump forced traders who had bet against the cryptocurrency to buy back into the ... (full story)

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  • Category: Fundamental Analysis