SINGAPORE, July 28 (Reuters) – Bitcoin broke above $40,000 on Wednesday and headed for an additional try at breaking from its monthslong vary as quick sellers bailed out and merchants drew confidence from current constructive feedback in regards to the cryptocurrency by high-profile traders.
Bitcoin was final up 1.7% at $40,149 whereas rival cryptocurrency ether rose 1% to $2,328. Bitcoin is inside a whisker of rising via its 100-day shifting common.
Reporting by Tom Westbrook; Modifying by Jacqueline Wong
Our Requirements: The Thomson Reuters Trust Principles.