That level marked not only daily gains of more than 6%, but also a new all-time high for Bitcoin on multiple major exchanges. At press time, the largest cryptocurrency was experimenting with never-before-seen levels amid intense volatility. Just hours before, it had traded at closer to $19,000 support.
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Bitcoin roared past $19,000 as Stellar and XRP led a resurgent alt coin market (Photo: CoinMarketCap)Markets Report: Bitcoin Tops $19,000 as Altcoins Return to Traders’ Radar
Major gains for Stellar and XRP buoy and resurging crypto market as Bitcoin comes within 3% of all-time highs
Data from price trackers including Bitcointicker and TradingView showed BTC/USD ascending through the $18,000 range to add $500 in an hour during Tuesday trading. The move is significant, marking Bitcoin’s highest price since December 18, 2017 — the height of its record-breaking bull run to $20,000. It follows a day of mixed performance, with $18,000 holding as support.
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Markets Report: Bitcoin Delays $19,000 as Fresh Dollar Weakness Ensues
$19,000 resistance proves stubborn and opinions vary about whether the short-term future is up or down for Bitcoin
Bitcoin is taking aim at $19,000 as the week begins—can more major levels flip to support or will the market see a major correction? After a fairly volatile weekend, BTC/USD is circling $18,500 in Monday trading prior to Wall St. opening bell. $19,000, however, remains untouched.
