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Bitcoin Moves Past $34K, Is This a New Bull Run?

Published 07/25/2021, 06:28 AM
Updated 07/25/2021, 06:30 AM
© Reuters.  Bitcoin Moves Past $34K, Is This a New Bull Run?

  • Bitcoin seems to be on recovery as it moves past $34K this week.
  • Concerns were high especially since BTC’s recent fall to below $30K levels.
  • BTC seems to be holding its ground in the face of global crackdowns on crypto.

Is the crypto market in recovery mode right now? Seems like it’s already trying to close up wounds inflicted over the past few weeks in major coins prices. That’s right, have you noticed Bitcoin’s price climb up over the past week? This week has seen a rise of almost 10%.

At the time of writing, and we say this with many congratulations to hardcore bitcoiners, Bitcoin has already moved past $34K. Currently, its price stands exactly at $34,571.

Yes, we know, Bitcoin is volatile. Yes, we also know that the last time Bitcoin crashed suddenly, you were hurt. Yes, we realize the dip hit you hard. Yes, yes, yes… But don’t lose hope just yet.

Recent signs in the crypto market are hinting at a bullish future.

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