Yet again crypto markets have surged to a new high for the year. This time the altcoins are in control as Bitcoin remains steady above $8,000. Total market capitalization pumped by a further $20 billion topping $260 billion as the bulls keep buying.
There is no stopping Bitcoin at the moment. A few hours ago, during the morning’s Asian trading session, BTC hit another new high for the year at just over $8,300. It has since pulled back to the temporary support level of $8,000 where it currently resides. There has been a lot of talk of a larger correction but as yet it has not materialized.