The price of bitcoin had a tumultuous day on Thursday dropping below the $ 70,000 threshold at 12:30 p.m. Eastern Time only to return back above the $ 70,000 range shortly after. Bitcoin had tapped an all-time price high during the early morning trading sessions on Thursday by briefly tapping $ 73,794. …
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 …
Bitcoin Technical Analysis: BTC Hits $65K, Edging Closer to Peak Valuation
In a powerful demonstration of resilience, bitcoin’s value climbed past the $ 65,000 mark on March 4, 2024, showcasing a significant upward movement from its 24-hour low of $ 61,769. This climb is supported by a robust trade volume of $ 42.41 billion and a market capitalization of $ 1.276 trillion, …
The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $ 69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their historical peaks. The Herculean Task for Some of the Top Cryptos …