Bitcoin Spikes 5% to $4,100 in Just 2 Hours, Analyst Says Market Turning Bullish
Within less than two hours, the Bitcoin price surged from $3,920 to $4,137 by more than 5 percent against the U.S. dollar.
The Bitcoin price surged above $4,100.
The abrupt and strong performance of the dominant cryptocurrency fueled other major crypto assets in the likes of EOS, Ethereum, and Litecoin to record large gains in the range of 4 to 7 percent.
Ethereum spiked from $147 to $157 immediately after the initial price movement of Bitcoin by around 6.8 percent.
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