Bitcoin Gains for Fifth Day, the Longest Streak This Year

Bitcoin Gains for Fifth Day, the Longest Streak This Year

  • Bitcoin (BTC) trading around $54,368.84 as of 21:00 UTC (4 p.m. ET). Climbing 5.02% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $51,428.66-$54,813.03 (CoinDesk 20)
  • BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians.

Bitcoin trading on Bitstamp
Source: TradingView

Bitcoin headed for its fifth straight daily gain, the longest winning streak this year, as a pullback in U.S. government-bond yields rekindled demand for risky assets…


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