Bitcoin goes bullish with a $41,200 trading value

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Factual Pursuit of Truth for Progress

 

By Francis Ogwo

Widely popular crypto currency, Bitcoin, has gone green with huge pressure from investors around the world.

This has led to its trading at $41,220.86 with a daily trading volume of $96.4 billion and is up 10.69% for the day.

At the moment, the crypto has a market value of $766.5 Billion after dropping a whopping 10% from its previous all-time highs a day before.

The Bitcoin only took a leap in a matter of hours and hit the bullish rate of $41,220.

Crypto traders are however aware that the prevailing volatility in play in the Bitcoin market is unprecedented. Crypto trading is becoming particularly very volatile, which is perfectly outlined by the number of total liquidations in the past few days.

Recall that about $1.45 billion which were from both bullish and bearish positions were liquidated in less than a day.

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