Bitcoin price today surged above $71,000, reaching a high of $71,450, signaling a potential bullish phase as trading volume spiked 116% to over $48 billion.
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Cryptocurrency News
Read all the latest updates on cryptocurrency – news, prices, breakthroughs and analysis with emphasis on expert opinion and commentary from the crypto currency community.
Where Is the Cryptocurrency Industry Heading?
AlexaBlockchain provides latest cryptocurrency industry news, updates, trends, opinion and analysis to give a comprehensive view of where the crypto-currency industry heading?
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Bitcoin closed the week around $70,000, marking over 10% rise with increased trading volumes. Analysts and technical indicators suggest a bullish breakout with targets of $74,000 and $100,000, fueled by the 2024 U.S. elections and strong market sentiment.
Bitcoin has gained over 8% in the past week, sparking talk of a new bull run. With rising demand, spot ETF purchases, and whale accumulation, could BTC’s rally continue? Discover the key market trends driving Bitcoin’s price surge.
Over the past 24 hours, Bitcoin’s trading volume soared by 12% to $35 billion, far outpacing Ethereum’s $15.92 billion.
Bitcoin surged by 3.8%, reaching its highest level since July, with trading volumes spiking 22% in the last 24 hours, reflecting increased market activity and investor interest.