Cryptocurrency Price Live: Analysts Predict Bitcoin Bull Run

• Bitcoin has gained 3%, moving above $43,000 in the past 24 hours after a stuttering start to the week

• The total market cap of cryptocurrencies also went up by 3% to 1.9 trillion, with Binance coin (BNB) adding 10%

• Pseudonymous Dutch analyst Plano has predicted that the flagship cryptocurrency will reach $100,000 by the end of the year

Bitcoin saw some encouraging price movements on Thursday morning as the world’s number one cryptocurrency moved above $43,000.

This is a 3% increase from Wednesday when the flagship crypto was at $41,000.

As expected other major cryptocurrencies mimicked the movement of BTC, with many adding to their value.

While Ethereum and XRP had similar price gains to Bitcoin, Binance coin was the biggest gainer, adding over 10%.

Despite the positive changes in value, the crypto market cap remains below the landmark value of $2 trillion.

Read also: Elon Musk Warns US Government to Leave the Crypto Market Alone

Is the Bull Run set to start?

A prediction model posted by the pseudonymous analyst Plano has tipped Bitcoin to reach 6 figures before the end of the year.

The same model had predicted that the flagship cryptocurrency will end September at $43,000 and it seems that’s about to happen.

At the moment Bitcoin remains some way off its all-time high of $64,000 and will require a significant boost to best that landmark before the year ends.

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