Bitcoin Price At ‘Major Inflection Point’ As Traders Eye Gains Above $9k27.6

Bitcoin price bounced back to hold above $8500 June 1, calming market fears that a pullback earlier this week would trigger a more serious reversal.

Data from cryptocurrency exchange Bitstamp, which tracks a more conservative BTC price than most tickers, placed BTC/USD at $8540 as of press time Saturday.

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