Bitcoin Catapults Above $4K Mark

The cryptocurrency Bitcoin had risen above the $4000 mark Saturday afternoon, trading at $4111 at 2:38 pm EST.

Bitcoin is a significant funding method for the online gambling sector, including North America.

Bitcoin had been hovering in the low $3,900s for most of the week after touching $4,000 on Feb. 18.

The cryptocurrency is experiencing its first monthly gains in over five months.

According to eToro’s Mati Greenspan, a strong jump above $5,000 could signal that the 14-month crypto bear market has come to a close.

- Aaron Goldstein, Gambling911.com