Market Analysis

Bitcoin Price Above $43k – Rally Over $44k Expected Soon.

The price of the leading cryptocurrency, Bitcoin [BTC] rose above $43k for the primary time since May.

At the reporting time, the leading cryptocurrency by market price was changing hands at around $43,600 USD, cup 4.9% over the past 24 hours.

The latest rally took bitcoin’s year-to-date return to 48%, far exceeding the Standard & Poor’s 18% gain.

Cryptocurrency traders and analysts say a risk-taking mood has returned to digital-asset markets after a market that saw prices fall under $30k from an all-time high in April near $65k.

Bitcoin Price Above $43k - Rally Over $44k Expected Soon.

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