Crypto Markets Stabilize As Bitcoin Rallies Towards $7,000 – Alexander Lielacher

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In the past seven days, the price of bitcoin rallied by over seven percent to inch closer to the $7,000. This marks the digital currency’s second up week in a row following a bear market in the second quarter of 2018. While cryptocurrency investors still seem to be split as to whether bitcoin has found its floor or has further downside ahead, the market – for the time being – is seeing a more favorable market sentiment. The past week has little bitcoin price-driving news, which can be considered price positive for bitcoin as negative press tends to push the price lower, while no news generally helps to strengthen the price………..

Read more: https://btcmanager.com/crypto-markets-stabilize-as-bitcoin-rallies-towards-7000-btcmanagers-week-in-review-july-9/

 

 

 

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