urrently, Bitcoin price is above the threshold of 12,500 USD. Green covered the majority of the digital currency trading market.
Bitcoin price (BTC) increased 9.6% to USD 12,546.57.
Ethereum prices (ETH) increased 2.94% to $ 314.29.
Lifecoin price (LTC) increased 3.31% to $ 123.59.
electronic money Latest today. Coindesk source
XRP price increased by 2.2% to 0.4049 USD
Bitcoin Cash price (BCH) increased 2.93% to 421.68 USD.
Bitcoin prices opened at 11,147.36 USD. The highest Bitcoin price recorded in the last 24 hours is USD 12,579.74. The lowest Bitcoin price recorded in the last 24 hours is USD 11,335.16.
24 hour Bitcoin price graph (Coindesk source)
Bitcoin prices have risen to important resistance at 12,061. This makes Coindesk experts predict the next resistance that Bitcoin is approaching is $ 13,880.
However, this time, investors should be careful because the recent price increase with low trading volume can become a bull trap. Especially when experts analyze weekly trading charts, showing that purchasing power is increasing too much.
In the bad scenario, if Bitcoin slips to $ 10,769, the possibility of the next price of Bitcoin is set at $ 9,615.
Current price of virtual currency, electronic currency Bitcoin (BTC), Bitcoin cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Monero (XRM). Source Coin 360
In the long term, experts still optimistic about the prospect of Bitcoin being able to expand its important resistance level of over USD 12,000.
According to Bitstamp data, Bitcoin has increased from 11,400 USD to 11,916 USD in just 15 minutes.
Notable news this week is that the US Congress proposed that Facebook stop developing Libra virtual currency until lawmakers had more time to investigate.
Leaders of the US House of Finance Committee and other subcommittees sent a letter asking Facebook to "immediately stop executing the plan" regarding the Libra digital currency .
According to Ms. Waters, the US House of Finance Finance Committee will hold a hearing on July 17 on the topic of "Reviewing Facebook's digital currency and impacting consumers, investors and the US financial system.