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Bitcoin Breaks Above $7,000 as Crypto Market Rallies Into Green

Tuesday, August 28: crypto markets are seeing strong positive momentum bolster a persuasive recovery, as Bitcoin ( BTC ) breaks above the $7,000 price point and all but 3 altcoins amid the top 100 cryptocurrencies post strong gains on the day. Growth among the top ten largest assets ranges between 4.5 to almost 20 percent, as  Coin360  data shows. Market visualization from  Coin360 Bitcoin ( BTC ) is trading at around $7,016 at press time, up around 4.2 percent on the day, according to Cointelegraph’s Bitcoin price index. The top coin has seen  several  days of  recovery  since its brief price  dent  August 22 in the wake of toughened  anti-crypto measures  in  China  and a fresh series of  disapproval orders  for several Bitcoin exchange-traded funds ( ETFs ) by the U.S. Securities and Exchange Commission ( SEC ). Bitcoin’s 7-day price chart. Source: Cointelegraph  Bitcoin Price Index On the week, Bitcoin is up a strong 4.1 percent, with its monthly gains now around