The cryptocurrency market has definitely got some fresh air this year. Bitcoin price defended the key $6000 barrier and started rising amid Middle East tensions. However, unlike with gold, Bitcoin was able to sustain the rally and the price has crossed the $8500 today – the highest level in 2 months. Other cryptocurrencies are gaining as well. Bitcoincash is up 25% just today and its price has already nearly doubled in 2020.

Daily summary: Weak US data drags markets down, precious metals under pressure again!
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