After trading below $10,000 for 3 months, Bitcoin finally broke through to trade at $10,380.
About two hours ago, BTC reached $10,380. This happened as President Donald Trump ordered the security team to prevent the protesters from approaching the White House.
The price pull backed to about $10,100 but this didn’t last long as the bulls in the market mounted efforts to sustain the buying trend. Now, Bitcoin also surpassed the descending trendline at $10,250. This price was established in 2018 when Bitcoin reached its highest levels at $19,800
Altcoins were not left out in the bull trend. The top 20 tokens also appreciated by 3 to 5%.
Notable performances among the altcoins were seen in Ether (ETH), Stellar Lumens (XLM) and NEO. Each of these appreciated by 6.64%, 6.81% and 11.75% respectively.
The total cryptocurrency market cap surpassed $284.2 billion and Bitcoin’s share in the total was about 66%.