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13 Oct 2017

Bitcoin Price Nears $6,000 – Crypto Bulls Were Right

Bitcoin Price Nears $6,000 - Crypto Bulls Were RightBitcoin prices raced to a new all-time high on Friday, briefly breaching the $5,900 level just a day after surpassing the $5,000 mark for the very first time. The cryptocurrency was last seen trading at $5,730.00, up 5.33% on the day, after nearing $6,000 early Friday morning, according to Kitco’s aggregated charts. Meanwhile, other popular cryptos are also riding the wave higher, with ethereum last seen at $340.25, up 12.27% on the day. Lukman Otunuga, research analyst at FXTM, sees more gains in store for bitcoin. “With prices already surging over 450% this year, further gains could be on the cards, as extremely bullish momentum encourages investors to speculate on even grander gains,” he said. Bitcoin has remained resilient despite some significant blowbacks coming from C

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