Flash Hike: Bitcoin [BTC] smashes $4,000 resistance in a single rise
This week has turned out to be the most pleasant one for the cryptocurrency market as all the coin started to rise in the bear’s suppressing kingdom. The currencies were all painted in green after several weeks of bleeding, with some even showing growth by double digits.
Additionally, out of all the days in this week, today, December 20, has turned out to be a rather special one for the whole market as all coins have started to take steps to regain their previous positions. This includes all major currencies such as Bitcoin [BTC], Ethereum [ETH], XRP, Bitcoin Cash [BCHABC], and Litecoin [LTC]. Bitcoin [BTC], the ruler of the market with the highest market capitalization, smashed through the $4,000 market after bleeding for almost two weeks because of the bear’s assault.According to CoinMarketCap, at press time, Bitcoin was trading at $4,057 with a market cap of $70.73 billion, breaching the $4,000 mark in a single blow. The cryptocurrency records a trading volume of $7.56 billion and is witnessing a ride up the hill by over 8% in the past 24 hours.