Bitcoin saw some intense upwards momentum today that allowed it to rally into the $6,000 region, with this upswing coming about after an extended period of sideways trading around $5,000.
This movement came independent of the U.S. stock market – which has been firmly guiding BTC over the past several weeks – leading some to believe that the crypto is decoupling from the benchmark indices.
Bitcoin Races Past $6,000 in Sharp Overnight Movement
At the time of writing, Bitcoin is trading up just under 20% at its current price of $6,200, which marks a notable climb from daily lows of $5,100 that were set yesterday while the crypto was caught within its firm bout of sideways trading. Read More...