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Home / Business / Bitcoin price reaches $ 11K less than 24 hours after breaking $ 10K mark

Bitcoin price reaches $ 11K less than 24 hours after breaking $ 10K mark



22nd June – According to Coin360, Bitcoin (BTC) today exceeded $ 11,000 for the first time since last March. The leading cryptocurrency exceeded US $ 10,000 less than 24 hours ago.

  Market Visualization courtesy of Coin360 "src =" https://s3.cointelegraph.com/storage/uploads/view/588f5878bbfbf95cf7a707180f49c0e0.png "title =" Market Visualization Courtesy of Coin360 "/> </p>
<p style= Market Visualization with Courtesy of Coin360

Bitcoin is currently approaching $ 11,100, an impressive 13 percent in the last 24 hours to press ETH has a multi-month high of over $ 300.

  Bitcoin-7-day Source: Coin360

Bitcoin 7 Day Stock Chart Source: Coin360

Yesterday, on June 21, the professional trader Peter Brandt tweeted that the Bitcoin price is currently

In his tweet, Brandt states that Bitcoin stands on the fourth parabola growth stage and is a market like no other:

"Bitcoin is aiming for a target of 100 .000 USD. $ btcusd is experiencing its fourth parabolic phase since 2010. No other market in my 45 trading years has been parabolic in a log chart in this way. Bitcoin is a market like no other. "

Brandt also posted a table of Bitcoin price growth data. From October 2011 to December 2017, Bitcoin has increased its value by 9,765 times, according to the data in the picture.

Among the replies to the post, there are numerous scams in which fake BTC and ETH freebies have been released by Brandt. At least one of the scammers is advertised via confirmed Twitter profiles.

In late May, the co-founder of blockchain investment firm Kenetic predicted that the Bitcoin price will rise to $ 30,000 by the end of this year.

Earlier this month, the founder and CEO of the Digital Currency Group argued in an interview with Bloomberg.

However, in another interview with Cointelegraph in the same week, another industry commentator – ex-Wall Street executive and current blockchain researcher Tone Vays – expressed skepticism over the fact that the crypto-winter is over.

Cybersecurity Earlier This Week Kaspersky Lab published the results of a survey showing that 19% of people worldwide purchased cryptocurrency.


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