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The price of cryptocurrency Bitcoin finally rose above the $10,000 mark for the first time since the early hours of February 1.
As of 8 pm EST, Bitcoin was hovering right around $10,200.
Bitcoin hit a low of just above $6000 on February 5.
The cryptocurrency had risen nearly 9% over the past 24 hours. Bitcoin Cash rose 3.5%. Ethereum rose 3%. Litecoin rose only slightly Thursday to under 1%.
Fundstrat Global Advisors believes that the price of one Bitcoin should reach $20,000 by summer and $25,000 by the end of the year.
- Aaron Goldstein, Gambling911.com
