Bitcoin news – live: BTC price rises as crypto analysts predict second leg of bull run
Bitcoin is seeing some positive price movements after a stuttering start at the beginning of last week.
The cryptocurrency is up by over 9 per cent compared to its Friday morning values, pushing it back above $47,000.
Other major cryptocurrencies have also mirrored these movements, with both Ethereum (ether) and Ripple (XRP) seeing similar price gains over the last week.
The global crypto market has also risen above the $2 trillion mark since Friday but has not changed significantly in the last 24 hours.
The largest gains have come from Binance Coin and Solana, which have risen in value by over 15 per cent in the last week.
Coming to the end of the month, a price prediction model posted by the pseudonymous analyst PlanB back in June once again appears to be coming true. The model predicted bitcoin would be worth $43,000 at the end of September.
You can follow all the latest news, updates and expert price predictions in our live blog right here.