Bitcoin Hits 15-Month High as Naysayers Double Down on 'Dead Cat Bounce'

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A rollercoaster weekend trading session saw BTC/USD retake levels not seen since March 2018. Bitcoin (BTC) was holding steady around $10,850 on June 24 after a fresh surge took it above $11,000 for the first time in over a year.Market visualization courtesy of Coin360Data from Coin360 showed a slight correction kicking in for bitcoin on Monday, markets consolidating gains after a dramatic weekend.BTC/USD had climbed as high as $11,230 in recent days, marking its best performance since early March 2018.The action did not go unnoticed, with mainstream media titles appearing to struggle with explaining the return of a cryptocurrency they…
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Bitcoin Hits 15-Month High as Naysayers Double Down on 'Dead Cat Bounce'

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