Why Bitcoin, Bitcoin Cash, and Bit Digital Are Rising Today
Cryptocurrencies and crypto stocks continued their ascent higher today as institutional interest in the space has sparked a major rally.
Since late afternoon yesterday, the price of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), traded roughly 3% higher as of 2:07 p.m. ET today and had surpassed $31,100 as of this writing.
Meanwhile, the price of Bitcoin Cash (CRYPTO: BCH) had exploded by close to 29%, while the price of the Bitcoin-mining company Bit Digital (NASDAQ: BTBT) was up roughly 4.4% on the day after having been up by close to 12% at one point earlier.
Source Fool.com