Bitcoin tops $8,000 as it hits highest since July 2018
Bitcoin was last up nearly 17% at $8,131 on the Bitstamp exchange, the largest daily percentage jump since early April. It hit a high of $8,167.50, a roughly 10-month peak.
Some analysts pointed out that bitcoin`s rally coincided with the escalating trade war between the United States and China, which eroded overall market risk sentiment. Image source: Reuters