The Bulls Are Back' As Bitcoin Prices Surge
"Bitcoin prices rose sharply today, showing that bullish sentiment has returned to the digital currency markets. 'The bulls are back in charge,' said analyst Charles Hayter, who pointed to Bitcoin's robust intraday gain and a short squeeze taking place on Bitfinex. The world's largest cryptocurrency reached $8,055.20, climbing almost 20% in less than six hours, CoinDesk Bitcoin Price Index (BPI) data shows."