Bitcoin Moves Above USD 6,000, For How Long?
After briefly spiking above the USD 6,000 level earlier in May, the most popular cryptocurrency, Bitcoin touched USD 6,100 on Thursday morning (UTC time) before correcting to USD 6,088 (04:21 UTC.)
Last time Bitcoin price was at this level is November 2018.
The cryptocurrency shows strongest gains among top coins today, having advanced more than 3% in the past 24 hours and more than 12% in the past week.
Bitcoin’s market capitalization reached almost USD 108 billion.
Other coins from top 10 are registering 0.4%-2.5% gains.
BTC price chart:
Meanwhile, Michael Novogratz, CEO of merchant bank dedicated to the digital assets and blockchain Galaxy Digital, sees Bitcoin struggling at USD 6,000 before moving higher: