Bitcoin rallies, tops key technical level for first time since early May

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Bitcoin rallies, tops key technical level for first time since early May

Dow Jones2021-07-26

The price of bitcoin rallied over the weekend, trading above its 50-day moving average for the first time since early May.

Bitcoin surged Saturday and into Sunday, recently trading at $37,973. according to CoinDesk, after recovering from its dive below the $30,000 level on Tuesday. Bitcoin is up nearly 20% over the past five days.

The weekend gain put bitcoin above its 50-day moving average for the first time since May 9, according to CoinDesk data.

The world's largest cryptocurrency got a boost from some influential names last week , Twitter CEO Jack Dorsey and ARK Invest's Cathie Wood.

The price of ethereum also saw a weekend surge, and is up more than 17% over the past five days. Dogecoin is up a more modest 8% over that time.

Bitcoin is up 21% over the past month, and is 30% higher year to date, though more than 40% off its April high.

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Comment（18）

Eded
·2021-07-26
Another news from China on ban will hit down Bitcoin price again
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Soksok
·2021-07-26
Good
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andrew123
·2021-07-26
$100k here we come
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Cucumbers
·2021-07-26
To 100k and beyond
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ZOANMAN
·2021-07-26
Like me pls
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1
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- Soksok:
  Good
  2021-07-26
  Reply
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CHOOTC
·2021-07-26
Balance with risk
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1
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Starlightdaz
·2021-07-26
Go Bitcoin
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3
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- CHOOTC:
  like
  2021-07-26
  Reply
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tanks09
·2021-07-26
Please continue!
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7
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r40909
·2021-07-26
Go go bitcoin
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4
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BBYY92
·2021-07-26
great
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4
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1Man2Stonks
·2021-07-26
Omg go go btc
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6
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Linnleo
·2021-07-26
Time to fly
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3
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Jameschia
·2021-07-26
Nice
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3
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edgetrader
·2021-07-26
Going back to 40k?
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- Linnleo:
  yes.. pls goes up
  2021-07-26
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逢場作戲又一日
·2021-07-26
Coin is back
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2
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- Stefffunnyyy:
  Nice
  2021-07-26
  Reply
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dividendhunt
·2021-07-26
Wow finally
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1
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Jojofi
·2021-07-26
Pls like
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SSVC
·2021-07-26
Hmm.. Appreciate your response and comments Thanks
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- SSVC:
  [Strong][ShakeHands]
  2021-07-26
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- SSVC:
  [Strong][ShakeHands]
  2021-07-26
  Reply
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- DWWM:
  Done
  2021-07-26
  Reply
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here we come","listText":"$100k here we come","text":"$100k here we come","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800055294","repostId":2154937786,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":800082810,"gmtCreate":1627266102330,"gmtModify":1703486307187,"author":{"id":"3576794201858255","authorId":"3576794201858255","name":"Cucumbers","avatar":"https://static.tigerbbs.com/e738e1e68e462d14f96cf6ac301fbd37","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"To 100k and beyond&nbsp;","listText":"To 100k and beyond&nbsp;","text":"To 100k and 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with risk","listText":"Balance with risk","text":"Balance with risk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800030230","repostId":2154937786,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":800096873,"gmtCreate":1627264969592,"gmtModify":1703486258610,"author":{"id":"3576288493534856","authorId":"3576288493534856","name":"Starlightdaz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Go Bitcoin&nbsp;","listText":"Go Bitcoin&nbsp;","text":"Go Bitcoin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/800096873","repostId":2154937786,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5329061,"gmtCreate":1627265085734,"gmtModify":1663231488042,"authorId":3567209681027469,"author":{"id":3567209681027469,"authorId":3567209681027469,"name":"CHOOTC","avatar":"https://static.tigerbbs.com/a825ae81d7f171dbbad58815b5ddda79","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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continue!&nbsp;","text":"Please continue!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177772374","repostId":2154937786,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":177778412,"gmtCreate":1627264212936,"gmtModify":1703486229443,"author":{"id":"4088039297942930","authorId":"4088039297942930","name":"r40909","avatar":"https://static.tigerbbs.com/21e2b48c3f62dcadbd748062b7a55eab","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Go go bitcoin&nbsp;","listText":"Go go bitcoin&nbsp;","text":"Go go bitcoin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177778412","repostId":2154937786,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":177746935,"gmtCreate":1627263853627,"gmtModify":1703486215404,"author":{"id":"3582327202386092","authorId":"3582327202386092","name":"BBYY92","avatar":"https://static.tigerbbs.com/204d1fa056361a52ff47fdccd4735896","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177746935","repostId":2154937786,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":177740638,"gmtCreate":1627263617324,"gmtModify":1703486209104,"author":{"id":"3576990637797737","authorId":"3576990637797737","name":"1Man2Stonks","avatar":"https://static.tigerbbs.com/2c93182b4ac6670e37860fa9cbdfd2d4","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Omg 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