Bitcoin markets had a spectacular day on July 20 as the decentralized currency came real close to reaching $3K per BTC. At the time of writing, the price was hovering around $2750-2770. The digital currency has been experiencing a recent break-out since reaching a low of $1850 per BTC on July 16. The initial drop was attributed to fear and uncertainty concerning a possible bitcoin split on August 1. Now speculators are crediting the recent jump in price to the BIP91 lock-in and the possibility of Segregated Witness (Segwit) activation. Trade volume has increased over the past three days as bitcoin markets are now seeing 24-hour trade volumes cross over $2 billion. Moreover, bitcoin’s market capitalization dominance against altcoin markets has risen to 48 percent.
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From @kurban