The price of Bitcoin [BTC] rose over the past five days from 8 January to 12 January. When the market closed on 12 January, the price had increased by over 5%.

BTC was also making a steady push toward the $19,000 mark at press time. The actions of whales may have caused the recent upswings, and the current surge has turned a portion of the BTC supply into a profit. 

Bitcoin’s price rose to a range of $18,800 after a rebound that began while it was trading around the $15,000 mark. When BTC’s price move was examined on a daily timeframe, it became clear that the coin had appreciated by almost 11%.