Happycoin.club - On the first day of June, Bitcoin was trading at $67,700. Over the past month, the flagship crypto asset managed to grow by an average of 11%.
Bitcoin's rise occurred despite concerns about a major hack of the Japanese cryptocurrency exchange DMM Bitcoin, from which approximately $300 million in Bitcoin was stolen, and "predatory" actions by traders towards the end of the month.
Bitcoin is now consolidating well. Markets are in balance and are slowly awakening to further growth. The key is to keep the asset at $66,000, says Michael van de Poppe, founder and CEO of trading firm MNTrading.
Bitcoin has returned to its pre-PCE price action, largely due to the hype of the event itself, wrote popular trader Skew.
