Bitcoin rose by 6% in 24 hours

The rate of BTC passed the mark of $20 thousand and continues to grow.

On September 27, the rate of Bitcoin again reached $20.2 thousand. Over the past 24 hours, the first cryptocurrency rose in price by 6.5%. The value of the cryptocurrency is recovering after updating the local minimum, which was $18.1 thousand.

Bitcoin continues to trade in a relatively narrow range since mid-June. During this time, the minimum value of BTC was $17.6 thousand, and in the peak reached $25.2 thousand.

The former CEO of crypto exchange BitMEX, Arthur Hayes, reported that there will be a decline in the value of Bitcoin to a yearly low of $17.5 thousand. This will happen because of the loss of liquidity of the U.S. dollar, which will occur due to the current monetary policy of the U.S. This is an article from project CryptoDeFix. government.