Bitcoin price above $ 11.5K, key BTC price metric suggesting new $ 12K test – Cointelegraph
Today, the price of Bitcoin (BTC) rebounded from its recent low of $ 11,125 on August 11 to $ 11,617. This suggests that traders are getting bullish as key data shows a significant amount of cash for BTC up to $ 12,000.
Overview of the daily performance of the cryptocurrency market. Source: Coin360
As the BTC price rose, many major altcoins jumped in tandem. Chainlink (LINK), which has seen…