[ad_1] Bitcoin is now trading for roughly $200 more than where it stood yesterday, reaching the $7,500 mark in less than 24 hours. Prior, bitcoin had been trading for this amount during the late evening of Tuesday, May 29, only to fall to $7,400 and then $7,300 the following day. While it’s not worth breaking out the champagne just yet, investors are breathing a sigh of relief now that the market is showing small signs of recovery. Bitcoin has been under serious pressure over the last few days, with new resistance developed at the $7,600 level. One source predicted that the currency could have easily reached a low of approximately $7,040 before any bullish signs showed their heads, but now it appears those signs are emerging sooner than anticipated. One reason for the alleged spike could be the upcoming Russia World Cup . The event is slated to boost the bitcoin price back into the $8,000 range, or possibly even the $9,000 range due to specific financial restriction that may requ...
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