After days of holding steady between $6,400 and $6,700, Bitcoin is finally making a run for the $7,000 price level. The top-ranked cryptocurrency headlines a substantial price recovery that has the total market capitalization climb to $225 billion.

Bitcoin Breaks $6,700 Resistance Level

Bitcoin rose by more than $200 on Tuesday (August 28, 2018), reaching $6,916 as of 7 am UTC. The sudden climb occurred at 12 am UTC as BTC rose from $6,766 to above $6,900 in a matter of 35 minutes. At press time, BTC was trading at $6,935 having risen by more than three percent in the last 24 hours.

Related Posts

Leave a Reply

Your email address will not be published.

  • bitcoinBitcoin
    (BTC)
    $ 5,549.07
  • ethereumEthereum
    (ETH)
    $ 174.08
  • stellarStellar
    (XLM)
    $ 0.244850
  • litecoinLitecoin
    (LTC)
    $ 41.82
  • cardanoCardano
    (ADA)
    $ 0.060483
  • neoNEO
    (NEO)
    $ 12.35