Bitcoin Price: BTC Skyrockets Nearly 10% and Pulls Rest of the Crypto Market Back into the Green

Bitcoin Price

This morning, Bitcoin (BTC) rose almost 10% in less than an hour. After the Bitcoin price jump, investors began dumping money into the other digital assets, causing the market to widely shift green.

Bitcoin Price Movement

Last week, Bitcoin had its first major sell-off in months, but this morning it rose nearly $600 in less than an hour. Late last week, it looked as if Bitcoin was going to drop just below the $6,000 mark, but it’s now comfortably trading over $6,500.

According to CoinMarketCap, Bitcoin (BTC) is trading at $6,655.71 a coin, up …

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About Brian Crain 113 Articles
Brian is a contributor here at Mid Scope. Brian was previously in charge of Business Development at the enterprise blockchain company Monax. He has degrees in economics, philosophy and cognitive science from The University of Chicago, London School of Economics and University College London.