Monday, December 23, 2024

Bitcoin Price: Surpassing $67K

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Stanislav Shishkin
Stanislav Shishkinhttps://cryptoapa.com/
Stanislav is one of the lead copywriters on cryptoapa.com and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Stanislav at cryptoapa.com

Bitcoin broke its all-time high from April just last month. Now it breaks the high set in October, surpassing the $67K mark

  • Yesterday, Bitcoin’s price surged past $65k and consolidated just below the previous all-time high set on October 20, 2021.
  • Moments ago, the primary cryptocurrency took off and as of writing these lines, the BTC price recorded a new all-time high above $67.8K, according to Bitstamp exchange.
  • This comes shortly after the total cryptocurrency market cap crossed the $3 trillion milestone for the first time, whereas Bitcoin’s market cap is entitled for 43.6% of it.
  • Furthermore, Ethereum – the second-largest cryptocurrency by market cap – continues to break new highs. It currently trades above $4800 per ETH, with almost half of Bitcoin’s total market cap, according to CoinGecko.
  • Currently, the cryptocurrency’s market cap appears poised to overtake silver’s market cap. At $1.27 trillion, it is less than 10% away from silver’s $1.36 trillion.
btcusd-nov8
BTC/USD , Bitstamp. Chart by TradingView.

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