Bitcoin Breakout – Price Jumps $1K in 60 Minutes
Bitcoin Breakout – Price Jumps $1K in 60 Minutes Bitcoin rallied over $1,000 in an hour this morning, having spent a better part of the last two weeks trading sideways in a narrow price range. The cryptocurrency clocked a two-week high of $8,055 soon before press time and is currently trading at $7,850, according to CoinDesk's Bitcoin Price Index. The move marks a 13 percent gain from the previous day's close of $6,939. It appears short liquidation or unwinding…