Cryptocurrencies
Bitcoin Breaches $4,000 for First Time in More Than Two Months
- Price of Bitcoin is up nearly 5 percent so far this year
- Tom Lee of Fundstrat points to $5,400 as next important level
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Bitcoin broke above $4,000 for the first time since early January, a milestone seen as significant by at least one well-known crypto bull after weeks of sideways trading.
“Round numbers are important,” said Tom Lee, co-founder of Fundstrat Global Advisors. “Certainly getting back up above $4,000 and decidedly breaking above it would be really helpful.”