Published On: Sun, Aug 13th, 2017

Bitcoin Breaches $4000 Milestone in Record-Breaking Week

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After stubbornly resisting a $3000 price point for weeks, Bitcoin has managed to effortlessly sail towards its latest $4000 all-time high in a matter days following it’s breakout last week.
It’s a bullish time for Bitcoin. Investors were exuberant last week as Bitcoin finally broke its infamous $3000 price point. Now the bulls are out of the pen, and Bitcoin prices continue to soar.
Yesterday, prices finally pushed past $4,000, setting a new milestone in Bitcoin history. Although the digital currency briefly fell back down to $3800 after grazing its high water mark, it has since recovered and is now trading for around $4,135 at the time of this writing.
So far 2017 has seen Bitcoin smash record after record. Not only did Bitcoin post all-time high prices on a nearly daily basis leading up to this benchmark, but it has also done so barely a week after its previous high of $3000.
A Rising Tide Lifts All Boats
Bitcoin was not the only digital currency to see bullish trends this past week. Ethereum’s price spiked up past $300, up from $220 following the breakout earlier this week. It has yet to return to its previous high of $400 seen in mid-June right before …

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