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Bitcoin Prices Enjoy Breakout After Lackluster Week
Bitcoin experienced a modest breakout recently, climbing roughly 5% in under 24 hours after trading within a reasonably defined range since late June. The digital currency’s price rose to as much as $9,356.33 this afternoon, CoinDesk figures show. At this point, it was up 4.8% from yesterday’s intra-day low of $8,919.76, reached at approximately 5:30 p.m. EDT, additional CoinDesk data reveals. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] This modest breakout was bound to happen, ... (full story)