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Bitcon Briefly Crosses $4000

bitcoin-4000-032019-lt.jpg

Bitcoin briefly crossed the psychological mark of $4,000 for the first time this week, and is trading in the range of 3,920-$4,000 for the fourth consecutive day.

After hesitating for three weeks, Bitcoin crossed $4,000 over the weekend only to see it drop below the barrier in the new week.

After changing hands between 3940 and 4000, the rate once again briefly broke the $4000 barrier on Tuesday.

As of writing this article, BTC is trading at $3,995 on Coinbase.

It has been a relatively positive week for Bitcoin so far.

Within the past 7 days, BTC price increased by $148, or 3.85 percent.

BTC's daily trade volume stands at $9.8 billion on Wednesday.

The virtual currently has a market capitalization of $70.4 billion.

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