Is it Moving toward rally or not - Bitcoin Price towards Again

After a long time, the Bitcoin graph is indicating a surge in its price graph. June 01 2020, at a price of $10,167. That’s a decent 7.43 percent increase in 24 hours, or $703. It was the highest closing price in one hundred and seven days.

Bitcoin market cap
Bitcoin’s market cap ended the day at $186,993,405,740. It now commands 66 percent of the total crypto market.

As Bitcoin (BTC) once again reached the crucial USD 10,000 barrier on Monday night (UTC time), the BTC chart is showing signs of what could be a major breakout after a series of failed attempts at moving higher

Other coins from the top 10 are up by around 3%-7% in a day, while the total market capitalization increased by 5%, to almost USD 286 billion.

Bitcoin distribution by address
As of now, there are 16,916 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.2 percent of the total supply, the top 100 14.7 percent, and the top 1000 35.1 percent.

According to the cryptocurrency research platform Coinpaprika and global crypto exchange OKEx, India is poised to gain a considerable global market share of crypto transactions this year.

Furthermore, the report revealed that OKEx’s visits from India saw the highest increase, reaching 545.56%. It claimed that newly registered users from India rose by 4100% during the same period. The global crypto exchange platform is now eyeing India and has plans to launch P2P trading platform in the country soon, which will allow Indian users to buy Bitcoins, Etherium and other digital currencies with INR via multiple payment channels.
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