© Reuters. Bitcoin (BTC) Crosses $12,000, Hashrate Breaks Record
(BTC) is looking prepared to rally again, as prices broke above the $12,000 mark, just days after pessimistic predictions failed to materialize. BTC broke its ceiling a day ago, bouncing off the recent $9,500 lows, revving up by hundreds of dollars in a day. In only a week, BTC traveled to above $12,000, once again preserving its reputation for being capable of a fast recovery.
After a strong weekend in which BTC prices made the trek to the $11,000 tier, the new week did not come with a sell-off. On Tuesday, as of 10:00 UTC, BTC started another climb that extended to $12,233.90. The rally ended in a flash crash that returned the leading coin to the $11,900 range.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
View original post