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Bitcoin Surges Above $11,500 First Time Since September Crash

Mon, 12/10/2020 - 14:13
Bitcoin soars to the highest level since early September
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Bitcoin Surges Above $11,500 First Time Since September Crash
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Bitcoin, the top cryptocurrency by market cap, surged to $11,547 at 13:45 UTC on the Bitstamp exchange, reaching its highest level since Sept. 2.   

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Earlier today, BTC dipped to as low as $11,175, prompting fears of that the bullish momentum was waning. 

The cryptocurrency is now on track to record its second consecutive week in the green. 

The most recent uptick was front-run by an even stronger Ethereum rally. The leading altcoin is now up over three percent, inching closer to the $400 level. 

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