Investor: If bitcoin breaks $6,200, it may mark the start of a major bull run396

In the past week, the bitcoin price has increased by nearly 6 percent from around $5,000 to $5,300, following an initial 20 percent gain from $4,200 to $5,000.

The short-term rally of the dominant cryptocurrency led to a swift change in the sentiment around the cryptocurrency market as it pushed other crypto assets in the likes of Ethereum and Litecoin to record large gains against the U.S. dollar.

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