After nearly two weeks of languishing not far from the key 0.08 BTC level, Blackcoin (BC) is showing signs of life.
It was up by over 17% earlier today, hitting a high of 1.07 mBTC before settling around 0.1 mBTC ($0.048) during the past 4 hours.
The jump is its biggest since a brief spike on August 29 and at least temporarily, delays the likelihood of it breaking the support level and setting new lows.
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Volume has been noticeably higher. Nearly $200,000 worth has crossed hands during the past 24h, one of the highest totals among altcoins.
It is still way off (nearly 90%) its April highs, when it climbed to 0.9 mBTC.
The coin has climbed back to 16th in market cap rank, now worth $3.7 million.