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Bitcoin's Price Surges Over $10,000 for First Time in Nearly Two Months

It is still far behind the second-largest cryptocurrency, Ethereum's ether token, in terms of gains, as the latter has gained 140 percent in 2020, despite reduced economic activity amid the coronavirus pandemic.

The price of the main cryptocurrency Bitcoin (BTC) has surged to $10,135, reaching its highest level since 2 June, according to CoinDesk data on Sunday.

Some traders are optimistic about the recent performance, suggesting that if the positive trend continues, it could ensure a long-term "resistance line".

For the past two months, its price has been fluctuating in the range from $9,000 to $10,000.

In early May, Bitcoin's price surpassed $10,000 for the first time since 19 February. Its lifetime record of $20,000, however, was set back in December 2017.

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