Quote from: rumoo42 on July 18, 2018, 07:33:55 AM

Yes, its price has risen by $1,000 in just a few days. This is the biggest increase in recent times. Although the market is very fragile, there is no incentive for the decline, so the market can only go up again.

Bitcoin (BTC) is trading around $7,209, up a little over 8 percent over the 24-hour period to press time. The leading cryptocurrency has today pushed further beyond yesterdays peak trading price of $6,679, with the days upwards spike continuing at press time.

Bitcoin has now brought its weekly and monthly gains into net positive territory, which are at around 6 and 2 percent respectively. The coin has now outstripped its outstanding rally on July 8 when the coin hit almost $6,800.