3 Reasons Why Bitcoin Just Cranked Back to $8,000 - Bitcoinist Published an hour ago @olleux olleux.io 3 Reasons Why Bitcoin Just Cranked Back to $8,000 - Bitcoinist Bitcoin and crypto markets have been on a roll over the past 24 hours. It has been the largest move of the year so far adding $12 billion to total market capitalization as bitcoin price touches $8,000 again, but what has caused it?. The bitcoin bullish momentum appears to have been driven by a wider global flow of finance into stock markets and commodities such as gold and oil. He compared this rally to the late November one adding that this pump alone is not enough yet to signify a longer-term bitcoin bull market.
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