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Bitcoin and Other Cryptocurrencies Are Soaring Again—For Now

July 5, 2018

Via: Fortune

The cryptocurrency scene is, for the moment, in a sea of green. Values now seem to be steadily recovering after a rather dismal period in the last week of June.

Bitcoin, the predominant virtual currency, is now up more than 13% on the $5,900 price it commanded last Friday, before things started to look up again. At the time of writing on Thursday morning, it was at $6,750, up 3% on the day. There is no obvious reason for the rally, other than the fact that it has recently been a relatively cheap buy.

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