The Rise and Rise of Bitcoin | Documentary On Bitcoins & Cryptocurrencies | Award Winning Film
Bitcoin price quickly rose from $ 9,550 to $ 10,200 after US President Donald Trump mobilized the police and the National Guard to disperse protesters outside the White House.
On the sixth day, civil protests escalated into riots. Overclocking crowds increased the discontent of citizens and provoked an increase in the bitcoin rate. The bulls supported this momentum and increased pressure on buyers, which led to a sharp jump in the price of bitcoin, which even briefly reached $ 10,430 at the time of the surge..
Since then, the fuse of the market has cooled down a bit, but the BTC rate has stabilized above the key psychological mark of $ 10 thousand, and at the time of publication is trading at $ 10 119 with a daily growth rate of 5.86%.
Analysts say that in addition to external factors, market growth is also driven by high trading volumes on leading crypto exchanges and a favorable technical structure..
By tradition, altcoins have followed the leader. The Ether (ETH) rate in the last 24 hours has risen by 4.1% to $ 247.8, Litecoin (LTC) has added 6.02%, reaching $ 48.8, and Bitcoin Cash (BCH) has grown by 7.58% to $ 261. five.
text: Ivan Malichenko, photo: axios, chart: TradingView