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Bitcoin (BTC) Keeps Above $11,000 as FOMO Strikes

© Reuters.   Bitcoin (BTC) Keeps Above $11,000 as FOMO Strikes
© Reuters. Bitcoin (BTC) Keeps Above $11,000 as FOMO Strikes

(BTC) continues to rise, once again conquering the $11,000 level, trading near the highs for 2019. BTC traded at $11,280.35, on a continued rising trend to break its own record. BTC is back above the $11,200 tier after Sunday’s spike to that range. The past 24 hours managed to add as much as $700, counting from the daily high around $10,500.

The current price spike is seen as a self-powering trend, with investors awaiting an even more dramatic rally. The heightened interest in BTC trading has swept over Asian exchanges, and boosted volumes on smaller markets. BTC activity is now spread out almost evenly among innovative crypto-to-crypto exchanges.

Before the recent rally, BTC trading was concentrated on fiat-to-crypto markets, including Coinbase, Kraken, Bitstamp, and also Bitfinex. Now, the hype has spilled over to a wider range of exchanges.

The current BT…

This article appeared first on Cryptovest

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Source: investing.com
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