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Bitcoin Price Hits $21,000 Once Again


Amid a surge in the US stock market, Bitcoin broke through the $21,000 level again.

On the July 15th, Bitcoin recorded $21,001, up 1.74% from 24 hours ago on CoinMarketCap.

It is the first time since the 11th that Bitcoin broke through the $21,000 mark again.

Bitcoin is trading between a high of $21,138 and a low of $23,397 on that day.

The reason Bitcoin rose is believed to be because the U.S. stock market soared.

The U.S. stock market surged on the July 15th due to better-than-expected retail sales, the surprise performance of Citigroup, the third-largest bank in the U.S., a rise in consumer sentiment released by the University of Michigan, and a drop in inflation expectations. US stocks rose 2.15% in the Dow, 1.92% in the S&P 500 and 1.79% in the Nasdaq.

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I am a contributor to Advancetec.co.uk. I am fascinated by technology overall, especially crypto and it's potential to disrupt the global financial system. But until that future comes, I am perfectly content immersing myself in gaming, movies, gadgets, and all of the other wonders of the modern world.