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Newsflash: Bitcoin Price Pierces $8,000 for First Time Since July 2018

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By CCN: An unfettered bitcoin price extended its parabolic ascent on Monday, piercing the $8,000 mark for the first time since July 2018. Bitcoin Price Soars to 10-Month High The flagship cryptocurrency achieved this milestone at 5:15 pm ET, when BTC/USD closed at precisely $8,000 on Bitstamp. Bitcoin hasn’t traded this high since July 2018. The circumstances, of course, were much different, as the cryptocurrency market was trapped in a devastating drawdown that wiped hundreds of billions of dollars off investor balance sheets. The cryptocurrency market has been in a sustained uptrend for most of 2019, but the bitcoin price

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* First published on ccn.com

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