On Sep 27 Bitcoin price against the US Dollar finally reaches the $4,000 mark after major correction and recovery on the Chinese regulation crackdown.
The General market climb which is being experienced could be as a result of the market restructuring that is going on as many analysts have mentioned, while traders are moving from the Chinese exchanges towards more efficient trading routes for both parties: Exchanges and traders. On top of that there is a wave of realization hitting the community as the only negative side of the new regulation was minoring the Chinese market relevance on a global scale.
The trading volume as time of the press is around $1.243 billion reaching $4060.38 with a 3.00% gain in the last 24-hours.
The major psychological clear of the pack leader could open doors even for other coins to follow so do your research and place your trading with caution.