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Bitcoin Reaches 10-Month High Inching Towards $11,000

Bitcoin began the last week of July in a bullish manner. Last week, the value of Gold and Silver rose consistently, giving a promise of higher returns to investors. It is not uncommon for investors to transfer sentiments from precious metals to crypto.

According to crypto analyst filbfilb, stock market “indices overall are sat looking a little precarious after last week’s sell off towards the end of the week.”  Although the US dollar is still underperforming, filbfilb says “Bitcoin seems to be behaving more akin to Gold and Silver than equities at the moment.”

Image Credits: Pixabay


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