The cryptocurrency was trading up by 2.1% at $2,573 a coin as of 7:03 a.m. ET. The early advance has bitcoin on track for its best close ever. It would need to top $2,799 to put in its best print of all time.
Monday’s advance comes absent any real catalyst. The bid seems to be a continuation of the gains that developed late last week after China’s three biggest bitcoin exchanges announced they were allowing customers to begin withdrawals for the first time since February. At the time of the ban on withdrawals, bitcoin was threatening its then-record high of $1,161 a coin before plunging by more than 10% on the news.
Read more here: http://bitcoinagile.com/EA4E8C/bitcoin-is-getting-close-to-its-all-time-high-altcoin-today_stream
We'll see a considerable pump this summer. A good way to understand when the bubble will burst is if people you talk to in your everyday life seem to start knowing about bitcoin/wanting to invest.
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It better for me just to work and earn more BTC while the price is till under $10,000!
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Bitcoin stocks on a tear last few days a something new and exciting to consider. Here is the latest one I did a quick write up about, up 100% just today. Links in the article to the other ones as well.
https://steemit.com/cryptocurrency/@motowngold/1-more-bitcoin-stock-coin-citadel-cctl-0003-share-at-time-of-writing
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