Bitcoin Price Surges to 5-Month High Over $54K — CoinDesk

Markets often move on momentum and sentiment – especially after periods where it has been trading for a while in a price range, according to Deane. In June and July, bitcoin mostly traded in between $30,000 and $40,000, and then in August and September, the price settled into a range from $40,000 to $50,000.

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