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Home Markets Cryptos

Bitcoin breaks above $38,000, shows no sign of slowing down

Olumide Adesina by Olumide Adesina
January 7, 2021
in Cryptos, Spotlight
Bitcoin suffers worst financial loss in minutes
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Bitcoin is definitely on steroids, as it broke through another record high a few mins ago.

What you should know

  • At the time of writing this report, Bitcoin traded at $38,049.23 with a daily trading volume of $80.3 billion.
  • Bitcoin is up 8.95% for the day.
  • The world’s most popular crypto now has a market cap of $707 billion.

READ: Snap to pay video creators $1 million daily

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The price of the world’s flagship crypto set a new all-time high of $38,500, before settling down to $34,200, up 8.59% at the time this report was updated.

READ: Crypto market breaks past $1 trillion for the 1st time in history

  • Just yesterday, bitcoin surged from $36,000 and $37,000 for the first time and still showed no signs of slowing down.
  • Six days into 2021, the most popular crypto asset has gained about 28.3%, or about $9,000 this year alone amid strong buying pressure from the leading financial brands across the world.

READ: Ethereum defying law of gravity surges past $1,050


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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Comments 2

  1. Fabian okanumee says:
    January 7, 2021 at 5:01 pm

    How re u Bro? I want to get some tips on investing in Crypto or international stock. I just want u to tell me how to invest in Crypto or international stock. Waiting for ur reply. Thanks

    Reply
  2. Fabian okanumee says:
    January 7, 2021 at 5:08 pm

    I think you’re very vast when it comes to Crypto investment or international stocks. I would like you to help me to invest in Crypto & international stock.Thanks Bro. Earnestly waiting for your reply

    Reply

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