“For the reason that starting of the month, BTC/USD has gained greater than 17%, which seems like a formidable outcome however solely at first look,” FxPro senior market analyst Alex Kuptsikevich wrote in an e-mail concerning the bitcoin/U.S. greenback pair. “The factor is, bitcoin was pushed as little as attainable by the top of June, and the present outstanding rise is only a restoration to the degrees of three weeks in the past.”
