Bitcoin Hits $85,000 and Nears 8-Month High. Is the Crypto Bull Market Finally Here?
Bitcoin has been on a strong run over the past month.
Overview
After a difficult year that at one point saw the world's largest cryptocurrency down nearly 34%, Bitcoin (CRYPTO:BTC) has now clawed back much of those losses.
As of 8:40 a.m. ET today, the token traded above $85,070, nearing its highest level in eight months.
Details
Despite a favorable regulatory backdrop, crypto investors seemed to lose interest earlier this year, perhaps due to the allure of artificial intelligence and other new emerging technologies.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.