2018-7-18 00:48 |
1 digital currency back above $7,000 for the first time in five weeks and on track to record its biggest daily gain since April 12.
In doing so, bitcoin
BTCUSD, +9.87%
traded above its 50-day moving average, a closely watched momentum indicator.
A single bitcoin last changed hands at $7,371.87, up 10.7% since Monday 5 p.m. on the Kraken crypto exchange.
By comparison the Dow Jones Industrial Average
DJIA, +0.22%
has gained 0.3%, the S&P 500
SPX, +0.40%
is up 0.5% and the Nasdaq Composite Index
COMP, +0.63%
is higher by 0.6%.
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