According to the latest reports, Bitcoin jumped to a growth of over 9% today and is currently exchanging at $8,727. This is the highest so far in a year. After dipping to $8,000 yesterday the digital currency showed some real momentum hitting almost $9,000 today. The week has been ups and downs for BTC but the surge has definitely put it into the right track. The price point of $8,700 to 800 was last seen a year ago. On the week, Bitcoin has fixed a bullish 10.5% addition.

Not only Bitcoin but its other contemporaries all the top ten digital currency at the moment are showing a good growth. It is 12.1% growth for Litecoin, 9.6% growth for EOS and 8.2% for bitcoin cash according to Coin 360. Even if you see the top 20 digital currency, every coin has shown significant growth, some even in double digits. Bitcoin is bouncing back as it is growing in a good momentum. The last surge of BTC was seen in 2017 when there was a 70% growth in just a month.

An analyst says the BTC’s surge implies the FOMO phase of development. If the sold-out crypto bulls succumb, a sizable redress will take place stopping these crypto bulls.