Bitcoin Breaks $8,000 for First Time Since July 2018, Stocks and Oil Report Losses

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Monday, May 13 — Following a solid to break above the $7,400 mark earlier today, bitcoin (BTC) has broken $8,000, with all top-20 cryptocurrencies trading in the green.Market visualization from Coin360BTC is trading around $8,013 at press time, up over 13% on the day.Bitcoin’s weekly gains are now at around 38.88%.Bitcoin 7-day chart. Source: CoinMarketCapEthereum (ETH) has seen an increase of 7.57% in the last 24 hours. The second largest cryptocurrency is trading at $202.65 at press time. The altcoin’s weekly chart shows gains of over 15%.Ethereum 7-day chart. Source: CoinMarketCapRipple (XRP) is seeing slightly less significant daily gains, up 5.16% on the day to trade around $0.327 at press time. The altcoin saw a jump to as high as $0.335, marking its weekly high point. On the week, XRP is up by modest 7.94%.Ripple 7-day chart. Source: CoinMarketCapApart from bitcoin, bitcoin cash (BCH), binance coin (BNB), IOTA (MIOTA), Tezos…

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