Breaking: Bitcoin Price Surges Past $9,000, Suffers Brutal Dump

By CCN: The bitcoin price extended its triumphant rally past a new milestone, clearing the $9,000 barrier to set a new 12-month high. Minutes later, a $500 dump sent a chill through the market. The flagship cryptocurrency had spent most of the morning trading near $8,750, but a sudden surge in volume catalyzed a precipitous rally shortly before noon ET. Bitcoin quickly rallied past $9,000 – the first time it had crossed that market since early May 2018 – setting a new 12-month high at $9,096 on crypto exchange Bitstamp. Unfortunately, the bears swiftly beat back the advance, and the

The post Breaking: Bitcoin Price Surges Past $9,000, Suffers Brutal Dump appeared first on CCN

Source: https://www.ccn.com/bitcoin-price-9000-brutal-dump

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