Bitcoin BTCUSD, +0.82% peaked around $9,385 in intraday trading, according to Coindesk. The cryptocurrency slipped in afternoon trading, and was last around the $9,000 level.
The digital currency is up more than 22% over the past 30 days, and up 142% year to date. Sunday’s intraday prices were the highest for bitcoin since May 2018, though still well off its all-time high above $19,000 in late 2017. Investors have been bullish on bitcoin recently, with optimism stoked by the expected announcement this week that Facebook Inc. FB, +2.18% will launch a new cryptocurrency, backed by a number of major companies, including Visa Inc. V, +0.18% , PayPal Holdings Inc. PYPL, +0.39% and Uber Technologies Inc. UBER, -2.44% . The new coin, reportedly to be called Libra, would allow users to make purchases around the internet, not just Facebook.
Bitcoin’s rise has boosted the wider crypto market, with rival digital currencies such as ethereum ETHUSD, +0.88% , bitcoin cash BCHUSD, +0.87% and litecoin LTCUSD, +0.14% also posting significant gains over the past week.
Is it another sell the Monday S&P rally
You can't lose
Besides 2 weeks ago lmao
Bitfinex is very persistent in printing Tether. This is their last opportunity to PUMP as much as they can before Recession. Then people simply wouldn't have any money to buy this shit. I would bet they are dumping $BTC all the time little by little to take profits...