Bitcoin Shoots Past $12,000, Continues to Rally as Dow Jones Sinks

Bitcoin has continued to tear higher. As of the time of writing this, the flagship cryptocurrency is up 5% in the past 24 hours, finding itself trading for $12,500 a piece. Altcoins, interestingly, have not followed suit, perpetuating a trend of non-BTC crypto assets underperforming as Bitcoin sees a strong performance.As seen in the chart above, this move marks a clear break of the $11,800 resistance level, which has acted as a price roadblock in this rally, the previous move to $14,000, and 20