Bitcoin enjoyed its most bullish rally of 2019, seeing its price rise close to $5,000 for the first time since 2018, as per data from Messari.
At last check the price of the world's largest digital currency rose from around $4,185 Monday ...
Bitcoin enjoyed its most bullish rally of 2019, seeing its price rise close to $5,000 for the first time since 2018, as per data from Messari.
At last check the price of the world's largest digital currency rose from around $4,185 Monday evening to $4,960 just before 1:30 a.m. ET on Tuesday, trading up 14% over the last 12 hours. One analyst noted in a conversation with The Block that bitcoin broke its 200 daily moving average, a critical metric for technical analysts. At last check, the price of bitcoin was trading at $4,958, according to Messari data.
Trading volumes have surged as well, as per data from CoinMarketCap. The data provider, which has come under fire for over reporting trading volumes, reported $40 billion in crypto trading hands, at last check — the highest level in months.
source https://www.tokentalk.co/The Block/bitcoin-soars-over-4900-as-the-crypto-breaks-its-200-daily-moving-average-5ca2f5b0108f4d027f68a2d0
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