Bitcoin (BTC) Recovers $10,000 in Rapid Price Spike

(BTC) found support once again, recovering the $10,000 level, as trading volumes rose from $12 billion to $18 billions’ equivalent. BTC traded at $10,384.55, up more than 6% in the past day, with the climb starting late on Monday.

The recent price level still happens when the overwhelming sentiment for BTC is “fear”, though moving up from extreme fear about a week ago. Despite prices close to the $10,000 mark, the sentiment is similar to the bottom of the bear market at the end of last year.

After the recent price appreciation, the BTC market capitalization dominance rose to 70.1%, the highest level since the spring of 2017. The share of all altco…

This article appeared first on Cryptovest

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