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Bitcoin has best month of 2018 so far, sits at over $9000

Bitcoin price is up 33%, with April being the best month for BTC for 2018 so far

By Anthony Garreffa from May 2, 2018 @ 1:00 CDT

This year hasn't been very nice to cryptocurrency prices, with Bitcoin tumbling down to some worrying lows but now it is recovering in the best way it has for 2018 alone.

bitcoin-best-month-2018-far-sits-over-9000_02

Bitcoin is now sitting pretty at over $9000, representing a 33% rise from April 1's low of $6926, the largest increase in BTC's price this year. Bitcoin dropped from its massive price of $13,860 on January 1 to a much lower $10,166 on February 1, and then down to $7000 in March.

We still need to see Bitcoin rise above $10,000 before it is on the road to a proper recovery, but we need to see it at over $17,000 as it was before January before we can rest easy.

At the time of writing, Bitcoin was sitting at $9074 but we all know how quickly that can change. At this rate, I'm hoping to see BTC valued at over $10,000 again before the end of the month, if all goes well.

NEWS SOURCES:Coindesk.com, 248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com


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