Bitcoin Price Updated Two-Month High, Returning To Marks Above $ 9,000
On the night of Sunday, January 19, the price of the first cryptocurrency for the first time this year exceeded $ 9,000. The last time Bitcoin was trading at these levels in the first decade of November when the market experienced an unexpected short-term surge against the background of news about China's blockchain initiatives.
According to Tradingview, the new growth of the first cryptocurrency started around 01:00 UTC on Sunday. In a few hours, the price rose to $ 9,180, adjusted to the time of writing material to $ 9000. Capitalization exceeded $ 165 billion.
A number of analysts note that the growth rate of Bitcoin is superior to forecasts based on annual movements. According to them, the accumulation period in the region of $ 8500 was supposed to last until the end of February.
In a shocking turn of events; Bitcoin is *marginally* outperforming vs forecast. https://t.co/9Hx6LlRuPC
— fil₿fil₿ (@filbfilb) January 19, 2020
In total, since the beginning of the year, the price of bitcoin has risen by about $ 2,000, or almost 28% in less than three weeks. Grew over the past day amounted to about 3%.
This morning, most of the leading altcoins are in the green zone. Thus, the price of the second Ethereum cryptocurrency capitalization exceeded $ 175, XRP (+ 5%) showed good results, the capitalization of which exceeded $ 10 billion. At the same time, Bitcoin Cash and Bitcoin SV, which have shown rapid growth in recent days, have gone a slight minus.