Bitcoin gains 6 percent as it heads for best day since July

 

FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier

 

LONDON (Reuters) - Bitcoin bounced more than 6 percent on Wednesday, climbing above $4,000 and heading for its biggest daily jump since July as it clawed back ground after recent heavy selling.

 

The world's biggest cryptocurrency was last as $3,970.04 on the Bitstamp platform, after being mauled in a broad sell-off in cryptocurrencies over the last two weeks. It has lost more than 70 percent of its value this year.

 

(Reporting by Tom Wilson; Editing by Saikat Chatterjee)

 

-- © Copyright Reuters 2018-11-28

Above $4,000 but below $19,000.

 

Great buy..

WOW Best day in 4 months!!! Which brings it just above it's 12 month low!

 

Bottom feeding for good news apparently. 

13 hours ago, Skeptic7 said:

WOW Best day in 4 months!!! Which brings it just above it's 12 month low!

 

Bottom feeding for good news apparently. 

 

On 11/28/2018 at 4:10 PM, watcharacters said:

Above $4,000 but below $19,000.

 

Great buy..

Do you know anyone who bought it for 19,000?

12 hours ago, Ks45672 said:

 

Do you know anyone who bought it for 19,000?

No. They wouldn't fess up anyway. 

 

No one ever buys at the top...same as no one ever loses at the casino or horse track, but always crowing about that time they won. ????

5 hours ago, Skeptic7 said:

No. They wouldn't fess up anyway. 

 

No one ever buys at the top...same as no one ever loses at the casino or horse track, but always crowing about that time they won. ????

 

Truer words never spoken regarding investors, gamblers or racetrack bettors.

 

I wish bitcoin investors the best of luck.

 

Pumpers will strongly  disagree.