Just a few days ago Bitcoin was under $6,000 USD and not it has passed the $8,000 USD mark and is aiming at the $9,000 USD price level at this moment. As usual, the spike is also affecting the price of other important tokens in the market like Bitcoin Cash (BCH), Ethereum (ETH), EOS, Stellar (XLM), Tron (TRX) and Litecoin (LTC).
Some crypto influencers like John McAfee believe that the bull run came late in 2018 but that it is here to stay for good now.
Bitcoin over $8,000. I think the past week has shown that the bull market is right around the corner. A couple of months later than I thought, but in the long term, an insignificant delay.
— John McAfee (@officialmcafee) July 24, 2018
At the time of this report, Bitcoin was past $8,000 and somewhere at the level of $8,250 USD. The upward trend started slowly but it looks like it is here to stay and the Bitcoin incline will continue.
The lowest point of the whole year was $5,838 USD in June 29, but the token is up 42% since then, which is indicating good days for investors.
McAfee Believes That This Is An Insignificant Delay
According to John McAfee, the bull market is here to stay and while the delay of his predictions happened, it was insignificant because the prices will continue to rise just as he said.
Today, Ethereum (ETH) was up by 2% and it reached $471 USD, while Ripple has risen 1.05% and finished at $0.456 USD. Bitcoin Cash was one of the biggest winners, with 5% ($854 USD). Other winners were Litecoin with 3.12% ($87.41 USD), Stellar with 4.15% ($0.29 USD). Private Bitcoin (BTCP) was the highest winner of the day with 21.7% and now it is valued at $8.67 USD.
The market cap of Bitcoin has reached $297 billion USD with a 24 hours trading volume of $19 billion USD.