Bitcoin finally breaks the psychological $40000 barrier as the cryptocurrencies rallied in the early hours. Ethereum (ETH-USD) and dogecoin (DOGE-USD) rose by 9.4% and 1.1% respectively.
Bitcoin has been struggling to break the $40000 mark since May 12th and it finally managed to break the psychological barrier. Analysts have been saying that “Bitcoin was due for a correction and it seems like the sell-off may be over”