Ahmed Shaami
Bitcoin experienced a massive 4.60 percent rise within 24 hours just 72 hours ago. Just now, the cryptocurrency has jumped over the landmark of $10,000 now.
This is the highest level since October, 26th last year, according to the CoinDesk report.
As of writing this article, the momentum seems steady, sustainable with on-chain fundamentals and the 10k breakout is the real deal.
This breakout is the real deal. Fundamental investment activity is backing this $10k breakout. pic.twitter.com/IDWmhXX2Mj
— Willy Woo (@woonomic) February 9, 2020
Breaking a $10k barrier also means, the cryptocurrency’s year to date gain has also crossed 41 percent and the market capitalization increased to $183 billion. Speaking about value, Bitcoin is now more than $3,500 from the low price of $6,245 recorded in December.
