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Bitcoin Price Approaches $8,600
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[color=rgba(255, 255, 255, 0.6)]Saturday, June 1 — most of the top 20 cryptocurrencies are reporting slight gains on the day by press time, as bitcoin (BTC) approaches the $8,600 mark.[/color]
[color=rgba(255, 255, 255, 0.6)][Image: 1628c33466c6df6274a549b3beae57ad!view_wp][/color]
[color=rgba(255, 255, 255, 0.6)]Market visualization courtesy of Coin360[/color]
[color=rgba(255, 255, 255, 0.6)]Bitcoin is up just over 1% on the day, trading at $8,532 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 6%.[/color]
[color=rgba(255, 255, 255, 0.6)][Image: 32efe57f968102478b6fa4a7de34f63b!view_wp][/color]
[color=rgba(255, 255, 255, 0.6)]Bitcoin 7-day price chart. Source: CoinMarketCap[/color]
[color=rgba(255, 255, 255, 0.6)]Recently released research from United States-based blockchain intelligence firm Chainalysis indicates that only 1.3% of economic transactions for bitcoin came from merchants in the first four months of 2019.[/color]
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Bitcoin Price Approaches $8,60000