Bitcoin (BTC) Price Blasts Past $10,000, Reaches New 2020 High. Is Correction Over?

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Tue, 02/11/2020 - 15:50
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    Bitcoin (BTC) defies bearish predictions by crossing the $10,000 price level once again

Bitcoin (BTC) Price Blasts Past $10,000, Reaches New 2020 High. Is Correction Over?

The Bitcoin (BTC) price has breached the $10,000 mark for the second time this year at 15:28 UTC on the Gemini exchange. 

Bitcoin Price

The leading cryptocurrency reached an intraday high of $10,226 at 15:45 UTC after adding almost $500 dollars on Feb. 11. 

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As reported by U.Today, BTC plunged to the $9,600 on Feb. 10 just one day after surging above $10,000. This was viewed as a precursor to a deeper correction.

However, it now seems like the bulls now complete control over the market once again. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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