Newsflash: Bitcoin Price Hits 40-Day High, is $5,000 Next?

Bitcoin’s February rally just crossed another milestone on Tuesday when the flagship cryptocurrency touched the $4,000 mark for the first time in more than a month. The crypto market had entered the US trading session on an incline, building upon the gains it consolidated following its last jump on Feb. 8. Shortly after 14:40 UTC, one or more major buy orders caused the bitcoin price to surge, enabling it to touch the $4,000 level before settling back to a present value of $3,955 on Bitsta