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Bitcoin (BTC) Renews 2020 Hopes with Hike Above $7,400

Published 12/30/2019, 03:23 AM
Updated 12/30/2019, 04:41 AM
© Reuters.   Bitcoin (BTC) Renews 2020 Hopes with Hike Above $7,400
BTC/USD
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Bitcoin (BTC) is making moves in the last days of the year, as the price hiked above $7,400 in a late Sunday rally. BTC once again made a weekend move after a week of stagnation, shooting up from around $3,770.

BTC volumes bumped up toward the end of the year, moving above $22 billion’s equivalent in 24 hours. While futures trading slowed down a bit, trading fueled by stablecoins picked up again. Around 69% of all BTC trades are in the pairing with Tether (USDT).

Despite the year-end approaching, the rally remains uncertain, with the possibility for a correction during weekdays. However, predictions see BTC avoid a crash to $5,000 and hike to a hig...

This article appeared first on Cryptovest

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