Following a stuck trading range since May 2021, Bitcoin’s price rallied above $43,000 Friday, August 6.
As of the time of filing, Bitcoin’s (BTC) price rallied to $43,231, the highest it has risen to since May 19.
Available data from TradingView and Coin360 shows a rally staged by the bulls pushed BTC’s price to an intraday trading high of $43,231.
Similarly, while the overall cryptocurrency market capitalization stood at $1.719 trillion, Bitcoin maintained a 46.2% dominance rate.
This latest price doesn’t come as a surprise to investors as multiple trading indicators showed bullish signals.
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