Bitcoin Eyes $18,000 as Tide Turns in Bulls' Favor

Bitcoin is strongly bid today amid reports of institutional buying. Prices across global exchanges, as per CoinDesk's Bitcoin Price Index, were last seen trading at $14,951 levels. The cryptocurrency caught a bid wave at $13,687.54 (price at 17:00 UTC yesterday) and jumped to a six-day high of $15,393.97 earlier today.