Bitcoin Sees Dramatic 24 Hour Rise

Written by:
C Costigan
Published on:
Jul/17/2018

What is moving bitcoin these past 24 hours?

The cryptocurrency has moved 11% over that period.

7,371.64 USD was the price 6 pm EDT Tuesday, a slight decline from $7,395 earlier in the day.

One cryptocurrency veteran told CNBC the rise in the price of bitcoin is due to technical levels.

"The $6,800 level was massive resistance for three weeks and I think people were shorting against that and they just got their face ripped off," said Brian Kelly, CEO of BKCM.

This is the first time since early June that bitcoin has broken above the $7000 mark.

Watch below

Bitcoin hits 7-week high on Coinbase from CNBC.

video News

Oldest Living Mobster And "Deep Throat" Financer Behind Bars:

Oldest Living Mobster And "Deep Throat" Financier Behind Bars: 'Jesus Suffered. He Didn't Squeal on Nobody'

John “Sonny” Franzese, now 102 and living in a nursing home, was the oldest serving federal prisoner at age 100

Oregon vs. Wisconsin Free Pick, Prediction, Betting Odds - March 22

Oregon vs. Wisconsin Free Pick, Prediction, Betting Odds - March 22

Gambling911.com has your predictions for the Oregon vs. Wisconsin game along with the latest odds.

CS:GO - Blast Pro Series Sao Paulo 2019 Betting Odds

CS:GO - Blast Pro Series Sao Paulo 2019 Betting Odds

BLAST Pro Series is the world’s most exciting live esports tournament with betting readily available

Mob Boss Murder Suspect in Custody

Mob Boss Murder Suspect in Custody

The NYPD held a press conference Saturday, saying Anthony Comello is in custody and expected to be charged for Gambino crime figure Frank Cali's murder.

2019 March Madness Betting Tips From Tony George

2019 March Madness Betting Tips From Tony George

Tony George of Docs Sports offers up his insights on betting March Madness and a few key tips on betting conference tourneys a swell.  Tony has 27 years of handicapping experience in CBB post season action and these tips and betting angles wi

Syndicate