Breaking: Bitcoin (BTC) Explodes 10% As Markets Gain $10 Billion In 20 Minutes

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Bitcoin (BTC) just jumped 10% to cross US $7,300 at approximately 13:39 UTC according to XBT.net.

After recovering last week’s losses from a variety of good news, Bitcoin looks as strong as ever trading at $7,339.91.

Bitcoin (BTC) Price Chart

Bitcoin soared past $7,300 rather quickly, reflecting further positive feeling for the past few days. Bitcoin (BTC) can continue to climb rapidly as the rally just began.

Breaking: Bitcoin (BTC) Explodes 10% As Markets Gain  Billion In 20 Minutes

A succession of good news for the industry

In just the past 3 or 4 days an incredible amount of positive news and energy has rejuvenated traders and the industry.

  • Blackrock, one of the largest asset managers in the world, expressed interest in Bitcoin Futures
  • Coinbase gets approved to become an SEC-regulated securities broker-dealer after the successful acquisition
  • BitPay receives BitLicense from NYDFS
  • SBI, major Japanese exchange, opens trading
  • Coinbase announces five potential new coins
  • Robinhood adds Litecoin, Dogecoin and BCH trading
  • Korean exchanges pass self-administered security exam

Markets gain $10 billion in 20 minutes

Together with Bitcoin, nearly every coin jumped in value to add a collective $10 billion in as little as 20 minutes.

Market performance of top 10 coins

Bitcoin continues to gain momentum. It’s currently exchanging hands around $7,327. Check back for updates on the situation.

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