Bitcoin Bounces Back To Just Below 2019 High -10 July, 2019

For the first time in two weeks, Bitcoin, the largest cryptocurrency, rose above $13,000 gaining for three days straight. The digital currency last stood at $13,154, recovering from last weeks drop of $10,000, but still below the 18 month high of $13,880 it hit on June 26. An interest from individual investors as well as larger institutions have been driving the cryptocurrency out of its 2018 slump, with the larger institutions developing distribution strategies. Cryptocurrency has had some high levels of gains as well as losses since they’ve launched, with patterns starting to develop and investors learning the market.