The past week has been generally good for Bitcoin. In the last seven days the most popular cryptocurrency improved its value by more than $500, or 7 percent.
As of this writing, Bitcoin is trading at $7864.
The virtual currency showed signs of resurgence in the New Year after a relatively dull December.
After dipping below $7000 on January 2, the currency managed to rise from its slumber.
On Tuesday Bitcoin crossed $8000, for the first time since November 20. $8438 was the highest recorded in 48 days, and also of the year.
For comments and feedback contact: editorial@rttnews.com
Technology News
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.