Bitcoin Hitting $44,000: Watch The Market Closely

Ever since the middle of the week, bitcoin’s price has been on a roll for most of the time. It recovered thousands of dollars in days and reached $40,000 on Thursday.

In the following days, bitcoin reclaimed $40,000, but this time kept climbing. The leg up resulted in reaching $44,000, which became the highest price tag in almost three months since the mid May crash.

As of now, BTC has retraced by a few hundred dollars but still stands above $43,000. Consequently, its market capitalization has risen to north of $800 billion for the first time in months.

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