Bitcoin skyrocketed in the last minutes to touch its highest level since June 6 at $7435. As of writing, the BTC/USD pair was trading at $7355, adding 9.3% on the day. Although there wasn’t a clear catalyst behind that sharp rally at first glance, it looks like a technical breakout is ramping up the volumes. Following the violation of the critical resistance area at $6800/$7000, the total market capitalization of Bitcoin jumped to $120 billion from $116 billion, suggesting a buildup of large positions. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/GBP bulls back in charge despite government defeat over rebels FX Street 5 years Bitcoin skyrocketed in the last minutes to touch its highest level since June 6 at $7435. As of writing, the BTC/USD pair was trading at $7355, adding 9.3% on the day. Although there wasn't a clear catalyst behind that sharp rally at first glance, it looks like a technical breakout is ramping up the volumes. Following the violation of the critical resistance area at $6800/$7000, the total market capitalization of Bitcoin jumped to $120 billion from $116 billion, suggesting a buildup of large positions. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
