The whole cryptocurrency space is making some progress this afternoon as the European close approaches. The combination of higher stock markets and a move higher in the EUR/USD have both helped the entire crypto sphere, but most pertinently, lifted Bitcoin to fresh session highs as the price grinds back above 10,275. Having said that, there can be little doubt that the coin is making heavy weather of it, because in the current environment should be allowing for more upside than has been seen today so far. Clearly there is a degree of latent trepidation in this market and many crypto traders appear wary not to get wrong footed again. The move to as high as 10,287 is still well short of coming close to testing the 10,500 handle. Perhaps, if the US equity markets in general and the tech sector in particular can keep going this afternoon, then confidence might build for Bitcoin. Naturally, if it all goes into reverse again then Bitcoin will probably waste little time in dipping back below 10k. It is just now trading at 10,270