April 20, 2024

Bitcoin reached $ 8,000, less than two weeks left before halving

Bitcoin reached $ 8,000, less than two weeks left before halving

The price of Bitcoin once again broke the $ 8000 mark, strengthening the bull's position before the upcoming halving of 2020.

April 29,after a week of stable growth in cryptocurrencymarket, the price of Bitcoin (BTC) reached $8,000. This price movement almost completely neutralizes the consequences of the collapse in the price of the first cryptocurrency in mid-March. 

However, buyers have yet to gain a foothold above the $8,000 resistance level. This daily maximum was reached on the Bitstamp – exchange. $8112.

Many altcoins have followed the rise of bitcoin. The price of Ethereum has broken the $ 200 mark, while Bitcoin Cash is trading around $ 250.

Bitcoin reached $ 8,000, less than two weeks left before halving

Less than two weeks are left before halving 2020and many crypto enthusiasts believe that after halving, the price of an asset will skyrocket to new highs. However, some experts believe that halving will not affect the price of BTC.