Is Bitcoin Back? After Biggest Single-Day Jump In 6 Weeks, Bitcoin Crosses $40,000

Cryptocurrency bitcoin broke above the $40,000 mark on Wednesday, July 28, and is now on its journey to break from its month-long range, as the traders drew confidence from recent positive remarks by influential investors and short-sellers bailed out. On Monday, July 26, bitcoin registered its biggest single-day jump in six weeks as it rose as far as 12.5 per cent to hit $39,850 - its highest level since mid-June. This has been bitco...