Bitcoin Approaches $8,000 as Major Oil Futures See Losses

Cointelegraph

Published May 24, 2019 07:11AM ET

Updated May 24, 2019 07:22AM ET

Bitcoin Approaches $8,000 as Major Oil Futures See Losses

Friday, May 24 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again.

Bitcoin is up over 5% on the day, trading at $7,990 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down over 8.42%.

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