Bitcoin price rallies 13% to $ 11,000

In the past hour, the price of Bitcoin (BTC) topped the $ 11,000 level The price will peak in 2020 at $ 11,394.

At press time, the price has dropped slightly to $ 11,150, however The purchasing volume continues to increase within 1 hour. This suggests that the highest rated digital asset in CoinMarketCap may have another chance at the daily high point.

Crypto market weekly price chart

Bitcoin price rallies 13% to $ 11,000
Bitcoin price rallies 13% to $ 11,000

Crypto market weekly price chart. Source: Coin360

As previously reported by Cointelegraph, chain currency inflows increased significantly as the Bitcoin price recovered above $ 10,000 Bloomberg analysts now estimate that the price of Bitcoin will rise above $ 12,000 this year.

The price of ether (ETH) also rose above its previous high and rose to $ 333.52. At press time, however, the largest altcoin has lost less than $ 330.

Bitcoin daily price chart

Bitcoin daily price chart. Source: Coin360

According to CoinMarketCap The total capitalization of the cryptocurrency market is now USD 326.7 billion. Bitcoin’s domain rate is currently 63.1%.

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