bitcoin price continues to make gains near the end of the week to trade above $8,500 for the first time in April.
Sticking with its momentum, the world’s first cryptocurrency broke beyond $8,500 (Bitfinex) on Friday’s trading period, a figure unseen since March 26, trading data reveals.
While trading largely settled near the $8,300 level early on Friday, a notable spike saw prices jump from $8,379 at 10:37 UTC to a new monthly high of $8,529 within a 10-minute period.
The timing of the spike, coincidentally, followed an agreement by the European Parliament today – following a majority vote – to enforce of cryptocurrencies.
At press time, bitcoin price is trading to the dollar at $8,515.
As reported earlier today, the bullish uptick comes amid wider gains for the overall cryptocurrency market which sees the likes of Ripple leap over 20 percent in a 24-hour period.
Click for a real-time bitcoin price chart.
Stay tuned for a wider market round-up.
Featured image from Shutterstock.
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Published at Fri, 20 Apr 2018 12:09:29 +0000
bitcoin Price News
