Bitcoin (BTC) increased over $ 400 in 1 hour! $12,000 coming soon?

Bitcoin (BTC) increased over $ 400 in 1 hour! $12,000 coming soon?

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Bitcoin price increased rapidly in a fairly short time and added more than $ 400 to the market value. Bitcoin seems to want to test the $ 12,000 again today, while it showed an increase of over 5% on Monday.

Bitcoin price increased by more than $ 400 for 1 hour

Bitcoin seems to be gaining momentum at a price of 5% today and may want to test $ 12,000 once again. According to Coinmarketcap, Bitcoin increased its market value by gaining more than $ 400 in an hour. The price of Bitcoin rose to $ 11,900 with a 5% rally. Bitcoin volatility has seen significant price movement over the past month.

The BTC saw a 30% drop in a week, which saw the price reach $ 9,750 after rising to the annual high of $ 14,000. The price has improved since then and is now sitting at $ 11,820. Ethereum also climbed over $ 300 on Monday, a 7% price increase. It still seems to be high in volatility in the Bitcoin and crypto currency market. Therefore , in July, all eyes will focus on BTC to see which direction Bitcoin is accelerating.

Latest situation from the price of the crypto king Bitcoin

Bitcoin, the leading crypto currency, is traded at $ 11,820, an increase of 5 per cent during writing. The flagship of crypto coins currently has a market value of $ 210.5 billion. While writing this article, the market is managing a recent 24-hour trading volume of $ 21.5 billion.

About Shawn Morrison 247 Articles
One of the founders of BitzArena. Active with crypto currency since the rise of the bitcoin. Loves the innovative character of crypto and blockchain technology, and follows developments in the market closely. Likes to connect technology with business, and likes to make difficult concepts accessible to a wide audience.

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