In the latest Bitcoin news, the price of the major cryptocurrency in terms of market cap just broke out of its comfort zone and scrambled back above $6,750 to return to the levels that it traded during the previous weekend. Bitcoin is now trading at $6,752 and is nearing the $7,000 mark.
However, the flagship cryptocurrency took a moderate dip on Monday and corrected to $6,400 on Tuesday, ahead of the recovery that put it back to $6,500 on Wednesday. Currently, the BTC/USD pair seems stable.
In only a couple of hours, Bitcoin broke the $6,550 resistance level and broke past $6,700 for the first time since Sunday – popping as high as $6,750. Several traders have noted that tomorrow, September 25th, is the data that quarterly futures expire on OKEx, BitMEX and CME, hence the positive movement of the major cryptocurrency.
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