Bitcoin price (BTC/USD) briefly tops $8,000 on Wednesday morning

The Bitcoin price (BTC/USD) had a mostly disappointing trading session yesterday, but it managed to mitigate the damage thanks to a late price uptick. Earlier in the session, the digital coin had seen a significant downswing that sent its price below the $7,800 level. The coin had fallen to an intraday low of $7,772.80, but eventually closed the session at $7,927.71. Still, this was below its opening price of $8,004.24.

Following yesterday’s somewhat positive finish, BTC experienced some rocky trading during the early hours of today’s session. The coin had a poor start to the session, with its price tumbling to as low as $7,862.53 during the opening hours. However, the coin was able to recover quickly, thanks to a spike that lifted its price over the $8,000 barrier. The coin rose to as high as $8,049.92, before pulling back to sub-$8,000 levels in subsequent trading. At the time of writing, the Bitcoin price was hovering around the $7,950 mark, according to data from digital currency tracker Coinmarketcap.

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Source: https://thebitcoinnews.com/bitcoin-price-btc-usd-briefly-tops-8000-on-wednesday-morning/