- Bitcoin corrected above $5,000 for the first time in five months.
- “It’s (bitcoin) still very much subject to waves of enthusiasm. I don’t think today is anything special,” Jehan Chu.
Bitcoin price spiked in gains pulling the entire cryptocurrency market in the green. The largest crypto broke above $5,000 for the first time in five months. The sudden jump had a ripple effect across the market the market cap jolting to $163 billion from $146 recorded on Monday.