Bitcoin (BTC) briefly tops $9,000 on Thursday, then tumbles
Even after the latest pull-back, BTC seems firmly on track to post its fourth consecutive monthly gain. So far in May, the coin has gained more than 55%. Still, its failed attempt to break through $9,000 and the subsequent slump may have weakened the bullish case for the coin significantly.
In today’s session, the Bitcoin price stood at $8,320.04, as of 09:50 BST. The digital coin has lost 4.6% of its value in the past 24 hours. The coin’s total market capitalisation currently stands at $147.5 billion, which represents 56.2% of the combined value of all digital currencies.
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source: https://theindependentrepublic.com/bitcoin-btc-briefly-tops-9000-on-thursday-then-tumbles/
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