Bitcoin Price Targets $10,000 and Beyond, Thanks to Weak Dollar Sentiment

By CCN Markets: Price of Bitcoin established another year-to-date high on Friday, touching levels not seen in over a year. Earlier during the Asian session, the bitcoin-to-dollar exchange rate flew past the $9,800 level for the first time since May 6, 2018. As of 0200 UTC, the pair settled a fresh yearly high towards $9,812 on Coinbase exchange, up 5.92 percent on a 24-hour adjusted timeframe. Bitcoin futures on CME also surged to establish its 2019 peak of $9,840. Rate Cut Drives Gold Higher The price rise appeared 12 hours after the Federal Reserve agreed to the possibility for a rate

The post Bitcoin Price Targets $10,000 and Beyond, Thanks to Weak Dollar Sentiment appeared first on CCN Markets

Source: https://www.ccn.com/crypto/bitcoin-price-10000-weak-dollar-sentiment/2019/06/21/

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