Bitcoin Recovers to Trade Above $8,000, Gold Market Reports Losses
Monday, June 10 — The top 20 cryptocurrencies on CoinMarketCap are showing mixed signals, with bitcoin (BTC) back over the $8,000 price mark after seeing a dip under $7,900 on June 8.
As of press time, bitcoin is up 2.18% on the day to trade at around $8,029. The leading cryptocurrency started the day as low as $7,680, subsequently reaching the current price point. On its weekly chart, the coin has lost slightly over 8%.
Bitcoin price analyst Oliver Isaacs said last week that the coin could hit $25,000 around the end of 2019, noting that there are many different factors behind this price resurgence.