Bitcoin Price Smashes Past $11,000 – Should Traders Fear a Dump?

By CCN Markets: The bitcoin price rally refuses to let up, and the dominant cryptocurrency just soared above $11,000 for the first time since March 2018. Bitcoin Price Rushes to 15-Month High Around 12:00 UTC, investors bid the bitcoin price up to $11,215.89 on US cryptocurrency exchange Coinbase. The move pushed the asset up by 13 percent for the day, launching its month-to-date gains above 30 percent. The past 24 hours also saw bitcoin’s “real 10” volume, which eliminates suspicious trades, swell to $2.58 billion. Following the upside move, the bitcoin price is now trading just 45 percent lower than

The post Bitcoin Price Smashes Past $11,000 – Should Traders Fear a Dump? appeared first on CCN Markets

Source: https://www.ccn.com/crypto/bitcoin-price-11000/2019/06/22/

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