The world’s largest digital currency, Bitcoin has suddenly woken up from two weeks of a bearish crash after a month of bullish runs.
The price of Bitcoin on the Luno and Paxful exchange averaged between $13,000 to $13,090. While prices across African cryptocurrency markets like low, Bitcoin rose as high as $13,154 in the Asian trading hours, the highest level since June 27, according to Bitstamp data.
The resurgence in price is an 85% recovery in recent losses.
With this sudden bullish run, Bitcoin’s has now jumped to a fresh 27-month high of 65 percent, according to data source CoinMarketCap.