The biggest Bitcoin rally since April 2018 is underway. Currently, Bitcoin’s price is near USD 7,450, heading back towards yesterday’s high of USD 7,500, a 10% increase from the day before. On 12 July 2018, Bitcoin’s price was near USD 6,200, so this represents a USD 1,100 price increase in less than a week. This corresponds to a USD 20 billion increase in the Bitcoin market cap from USD 106 billion to USD 126 billion, indicating a large amount of fresh investment.
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