Crypto Markets See Mild Green, Bitcoin Moves Above $7,900

Investing, News | June 7, 2019 By:

The cryptocurrency markets are trading in the green today, with most of the top ten cryptocurrencies seeing mild gains.

After a bullish surge late last month — with a break above the $8,800 mark on May 28 — bitcoin swiftly saw a sharp tumble down to below $7,700 earlier this week. Since then, the top cryptocurrency has recovered positive momentum and is close to trading above the $8,000 level again. In early trading, the price of bitcoin is up 1.70% at $7,996 per coin.

The biggest gainer on the day is Litecoin, up 8.49%, followed by Ripple’s XRP, which up by more than 4 percent. The outlier is Bitcoin SV, down 1.28% over the last 24 hours.