Bitcoin rallies, tops key technical level for first time since early May

Dow Jones2021-07-26

The price of bitcoin rallied over the weekend, trading above its 50-day moving average for the first time since early May.

Bitcoin surged Saturday and into Sunday, recently trading at $37,973. according to CoinDesk, after recovering from its dive below the $30,000 level on Tuesday. Bitcoin is up nearly 20% over the past five days.

The weekend gain put bitcoin above its 50-day moving average for the first time since May 9, according to CoinDesk data.

The world's largest cryptocurrency got a boost from some influential names last week , Twitter CEO Jack Dorsey and ARK Invest's Cathie Wood.

The price of ethereum also saw a weekend surge, and is up more than 17% over the past five days. Dogecoin is up a more modest 8% over that time.

Bitcoin is up 21% over the past month, and is 30% higher year to date, though more than 40% off its April high.

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精彩评论

Eded
2021-07-26
Eded
Another news from China on ban will hit down Bitcoin price again
Soksok
2021-07-26
Soksok
Good
andrew123
2021-07-26
andrew123
$100k here we come
Cucumbers
2021-07-26
Cucumbers
To 100k and beyond
ZOANMAN
2021-07-26
ZOANMAN
Like me pls
- Soksok:
  Good
Fishermen
2021-07-26
Fishermen
$Grayscale Bitcoin Trust (BTC)(GBTC)$$Coinbase Global, Inc.(COIN)$[Happy] [Happy] [Happy]
- Fishermen:
  Will prices for Bitcoin related stocks gap up? [Cool][Cool][Cool]

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here we come","listText":"$100k here we come","text":"$100k here we come","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800055294","repostId":2154937786,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":800082810,"gmtCreate":1627266102330,"gmtModify":1631892123285,"author":{"id":"3576794201858255","authorId":"3576794201858255","name":"Cucumbers","avatar":"https://static.tigerbbs.com/e738e1e68e462d14f96cf6ac301fbd37","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576794201858255","authorIdStr":"3576794201858255"},"htmlText":"To 100k and beyond&nbsp;","listText":"To 100k and beyond&nbsp;","text":"To 100k and 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