3 Reasons Why Bitcoin Defied Bears, Suddenly Rallying 10% to $7,800

Bitcoin has done extremely well over the past 24 hours. After falling as low as $6,800 on Wednesday, the cryptocurrency mounted a strong comeback on Thursday morning, rallying from $7,050 to $7,800 in an explosive fashion to mark an over 10% gain. (As a note: some of that rally has since been reversed as bears have tried to reassert control.) It was a move that caught many traders off guard. Case in point: data from Skew.com, […]
Bitcoinist.com

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Author: toutiao