Bitcoin Sees Dramatic 24 Hour Rise

Written by :

C Costigan

Published on :

17 July, 2018

What is moving bitcoin these past 24 hours?

The cryptocurrency has moved 11% over that period.

7,371.64 USD was the price 6 pm EDT Tuesday, a slight decline from $7,395 earlier in the day.

One cryptocurrency veteran told CNBC the rise in the price of bitcoin is due to technical levels.

"The $6,800 level was massive resistance for three weeks and I think people were shorting against that and they just got their face ripped off," said Brian Kelly, CEO of BKCM.

This is the first time since early June that bitcoin has broken above the $7000 mark.

Watch below

Bitcoin hits 7-week high on Coinbase from CNBC.

Tucson Arizona Set to Get Its First Casino in November

Casino Del Sol Vahi Taaʼam on Grant Road at I-10 will likely employ as many as 500 people.

USA Soccer (USMNT) Creates Huge Liability for Sportsbooks in North America

While the possibility of a deep World Cup run from the United States would help generate more betting action, there is one sportsbook praying for an early exit for the host country.

Casino chips all different colors, mostly stacked

Sweepstakes Gaming Revenue in the US Reaches $20.09B in Q1 2026 as Player Demand Continues to Shift

Sweepstakes gaming has moved from a niche corner of online gambling into something much more visible in the broader digital entertainment landscape.

New Pennsylvania Proposed Bills Seeks to Prevent Gambling at the Playground, in the Classroom

"Pennsylvania has authorized interactive gaming and sports wagering under a licensed and regulated framework. That framework was built for adults making lawful choices."