Bitcoin Price Surges to 5-Month High Over $54K — CoinDesk

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Markets usually transfer on momentum and sentiment – particularly after durations the place it has been buying and selling for some time in a worth vary, in accordance to Deane. In June and July, bitcoin largely traded in between $30,000 and $40,000, after which in August and September, the worth settled into a spread from $40,000 to $50,000.