Bitcoin may be standing nowhere near its all-time high of nearly $20000 reached two years ago, but as 2019 comes to a close, the most popular cryptocurrency has managed to regain the strength it lost a year ago.
The virtual currency was trading at $7,224 as of this writing - 95 percent increase from $3689 recorded on 2018 December 31.
From its weak position at the beginning of 2019, Bitcoin has been on a strong recovery path in the following months. Despite a struggling crypto market, Bitcoin continued to grow with frequent bullish movements.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.