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%. This is a text from catalogue CryptoDeFix. 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. government.