$BTC
Bitcoin (BTC) dipped over the weekend but is starting to climb back toward its record high as it gained 1.20% over the last 24 hours, and that may indicate the start of a bull run.
Now valued at $105,974 (BTC/USD), Bitcoin is gaining back some of its lost ground and could be revving up for some quick upward action. The coin has been buoyed by improved market conditions, with the stock market rising early this week.
$BTC
The leading digital token is still down 3.10% from its previous high, but it could easily regain that if the market continues to rise this week. A new record high for Bitcoin would mean greater market interest, especially from the mainstream, as well as increased investor confidence. Bitcoin was entering a dangerous zone on Monday as it dropped to just above $104K. If it had continued to drop, investors might have been pulling out in droves, but we are seeing a cautious trade volume increase of 1.01% over the last day.
#BTC