What a week! It’s safe to say that being a bear throughout the past seven days must have been rough. The cryptocurrency market exploded above $1.2 trillion on the back of major gains from the majority of coins, including Bitcoin. There’s a lot to unpack, so let’s dive in.
First things first, Bitcoin’s price is up a whopping 18% in the past seven days, trading above $30K at the time of this writing. The week started on the right foot as the price was slowly chipping upwards last weekend. However, it wasn’t until June 20th – on Tuesday – that the bulls really took over. The price exploded above $28K, and by the time everyone knew what was going on, it shot above $29K as well.
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