Bitcoin Breaks Above $52,000 as Rally Continues

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Wed, 10/06/2021 - 12:45
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The world's leading digital currency, Bitcoin, has broken above the $52,000 resistance and, at press time, is changing hands at $52,408 on the Kraken exchange.

Image via TradingView

On Oct. 5, Bitcoin crossed the $50,000 level for the first time since September as "Uptober" started in the crypto market. The Bitcoin Fear&Greed Index is today flashing 68: Greed.

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Earlier, infamous whistleblower Edward Snowden tweeted that the recent crypto ban imposed by China has made Bitcoin stronger.