Bitcoin Rate Breaks $8500

Last night, the Bitcoin rate got over an important resistance level at around $8,500. As usual, the first cryptocurrency served as a locomotive for altcoins and they also showed good growth.

Bitcoin grew by 4.8% during the day, only on BitMEX exchange shorts totaling $38.7 million were eliminated. Most of the market turned green:

  • Ethereum +3%
  • Litecoin + 6,7%
  • Ripple (XRP) + 1,5%

Bitcoin SV is leading – it grew by more than 25%, amid news that Craig Wright got access to 1.1 million BTC.

Recall, earlier many analysts believed, that if Bitcoin gets over $8,200, this would lead to further growth, up to the psychological mark $10,000.

To keep up with the latest news in the world of cryptocurrencies and the blockchain industry, check out updates on TheCoinShark.

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