Bitcoin (BTC) price increased by 0.94 USD (equivalent to 0.01%) to 8787.13 USD.
Ethereum (ETH) price increased by 2.29 USD (equivalent to 0.85%) to 271.49 USD.
Lifecoin (LTC) price increased by 2.54 USD (equivalent to 2.24%) to 115.98 USD.
XRP increased by 0.0164 USD (equivalent to 3.9289%) to 0.4346 USD.
Bitcoin Cash (BCH) price decreased by 13.80 USD (equivalent to 3.05%) to 437.92 USD.
In just the past 24 hours, Bitcoin has been moving around the 8,000 USD mark.
Bitcoin price at the opening of the session was at 8772.01 USD. The highest Bitcoin price recorded in the past 24 hours was 8921.99 USD. The lowest Bitcoin price recorded in the past 24 hours was 8621.57 USD.
Bitcoin price increased to a maximum deposit in the past year right from the beginning of today's trading session at 8940 USD. After that, Bitcon decreased slightly and is currently trading around 8750 USD (equivalent to an increase of 9% in the past 24 hours).
Thus, Bitcoin price has successfully surpassed the resistance level of 8,300 USD. Before that, Bitcoin had failed 3 times for 11 consecutive days when trying to "turn around" to jump above the threshold of 8,300 USD.
Analyzing the weekly chart, experts showed that purchasing power is currently increasing the most in the past 5 months.
In a good scenario, Bitcoin could skyrocket to a peak of 10,000 USD in the short term, but before that, Bitcoin needs to overcome the strong resistance level at 9,442 USD.
However, if Bitcoin's increase does not last long, Bitcoin is likely to jump out of the 8,000 USD mark in the next 1-2 days.
Last week, Facebook's announcement of Global Coin, a digital currency in 2020, attracted the attention of investors. Facebook wants electronic payments to be faster, cheaper, and compete directly with banks around the world.
"The GlobalCoin project could be one of the most important events in the history of the digital currency," said Garrick Hileman, a researcher at the London School of Economics.
