Bitcoin Price Hits $7700, Other Coins Remain Sluggish

Bitcoin Price Hits $7700, Other Coins Remain Sluggish

The Bitcoin price rose by nearly 5% on Sunday night  to reach the $7700 level after having had a relatively quiet Sunday trading between the $7400 and $7500 mark. This unexplained boost could probably be due to more investors taking their money out of other crypto currencies and sliding them into the top cryptocurrency.

At 9 am CEST on Bitfinex, the Bitcoin price was trading at around $7660 – a rise of 4%. Other coins were still relatively at low levels however with Ethereum trading at around $466 – a mere 1% increase whilst Ripple and Litecoin remained relatively stable in the $0.46 and $86 levels respectively.

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