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Home Markets Cryptos

Bitcoin is defying all odds, jumps to $34,000

Olumide Adesina by Olumide Adesina
January 3, 2021
in Cryptos, Spotlight
Bitcoin
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Bitcoin, the world’s flagship crypto is raging up at a speed not seen in the crypto-verse.

At the time of writing this report, Bitcoin broke near $34,059 some minutes ago, according to data retrieved from the Bitstamp exchange.

READ: $350 million worth of Bitcoin moved by a large entity as it nears $30,000

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  • The new milestone is coming on the heels of record-buying seen from high net worth individuals buying at record highs.
  • Crypto investors were left cashing in big time, as the most popular crypto rallied to record highs more than 25 times in a few days.
  • Liquidity getting squashed, investors hoarding, accessible BTC becoming scarcer.

READ: Bitcoin could hit above $100,000 by August 2021

More details shortly…


Follow us for Breaking News and Market Intelligence.
Tags: BitcoinCryptocurrencyCryptocurrency News
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

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