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Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone.

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Bitcoin has seen some highly bullish price action throughout the past several days, although bulls have struggled to propel the crypto higher in the time since it faced multiple harsh rejections within the lower-$9,000 region.

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Bitcoin has again rallied sharply in the weeks leading up to its impending halving event. But if historic patterns are anything to go by, the cryptocurrency could suffer a temporary price pullback following the supply-altering event.

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Swipe Visa holders can now make payments with their crypto using Samsung Pay on their smartphone or smartwatch.

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