On Wednesday, the price of bitcoin demonstrated strong growth, escalating by more than $ 4,200 from its daily low. This 7.1% increase against the U.S. dollar propelled bitcoin past the $ 66,000 threshold, reaching a peak of $ 66,461 per coin on Bitstamp. Consequently, the entire cryptocurrency market rose by 6.2%, resulting …
Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over 5% in 24 Hours
Bitcoin Soars to 2024 High Surpassing $66,000, Nearing All-Time Peak as Halving Approaches
Bitcoin’s value reached a new peak for 2024 on Monday at 11:13 a.m. Eastern Time (ET), eclipsing the $ 66,000 threshold. Over the past year, bitcoin’s value has swelled by 196% and has risen by 157% over the last six months when measured against the U.S. dollar. At the time of writing, the leading …