Bitcoin tests $5k

Bitcoin 20% increase in 1 hour – Surpassed $5k

Today on April 2, Bitcoin’s price increased from $4,150 to $5,100 in just one hour. Now it’s hovering around $4,750, we have to wait and see if that is just a pump and dump or if it will remain above the $4,500 range. Some short orders on Bitmex got liquidated. Naturally as Bitcoin’s price was going up, the BTC value of altcoins like Ripple and Ethereum dropped 5-10%, but their USD value saw an increase.

A sudden $1,000 move in such a short timeframe indicates that we could anticipate some more action in the prices of cryptocurrencies for the rest of the week. Fill in your orders and trade safely!

Share this post

Share on twitter
Share on facebook
Share on reddit

Latest articles

Leave a Reply

Your email address will not be published.