Bit.com informed that since January not only the daily trade volume has soared but the soaring continues to increase by double on daily basis.
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So finally it happened – yesterday Bitcoin crossed the $4,000 mark, touching a two-month high and breaking above the important psychological barrier for the first time in 2019.
This is a major milestone for it, and it has given further boost to the hopes that a bull run may get started within this year itself.
At the time of writing Bitcoin’s price is at $4,186, way above the 4k mark.On Saturday almost all cryptocurrencies were trading in green.
Besides Bitcoin the second and third largest cryptocurrencies, namely Ethereum (yes, Ethereum is now back to second spot) and XRP, also jumped as much as 11.2% and 5.5%, respectively.
While Ethereum is currently trading around $164, XRP is at $0.33.
Other notable jumps included 11.4% jump of EOS, 9.1% jump of Bitcoin Cash and 8.25% jump of Cardano.