Bitcoin Price Gains for 8th Straight Session, Extending 2019's Longest Streak

Bitcoin's meteoric 2019 rally may have shown signs of cooling Wednesday, but that didn't stop the cryptocurrency from ending the day in the green.

The price of bitcoin ended yesterday's session with its eighth consecutive day in the green, closing up by more than $1,200 on the day's open of $11,375 and ending just below $13,000.

The streak is a record for 2019, passing the six Green candles seen between June 12 to June 17 as the only other significant run of multi-day gains.

With Coinbase's fix implemented, bitcoin's price is also back up above $12,588 at press time, after dropping to a temporary low of $11,754.

Total daily volume for BTC has also shown up in a big way with the world's largest exchange, Binance, posting record-high trading volume in Tether terms over a 24-hour period.

Other exchanges such as Bitstamp and Coinbase are posting 500-day highs in total daily volume for June 26, with over 81.2 million BTC traded in a single day on those exchanges.

What's more impressive, if data from CoinMarketCap is to be believed, over 45.9 billion BTC were traded during June 26's trading period amounting to some of the highest levels ever recorded.

Its "Real 10" volume - a metric that takes into account trading volume from exchanges reporting honest volume figures as identified in a report by Bitwise Asset Management - currently stands at $46.17 billion, a large difference, according to Messari.io.

Other notable currencies such as Cardano, bitcoin cash and Ether are also back on the rise, up between 1.7 and 7.72 percent, respectively amid strong volume.

The total market capitalization for the entire cryptocurrency market has recovered by more than $21.7 billion, up from $351.8 billion to stand at $373.5 billion.