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Home Markets Cryptos

Bitcoin is on fire, breaks above all-time high

Olumide AdesinabyOlumide Adesina
2 years ago
in Cryptos, Markets, Spotlight
Bitcoin on high demand, hits 2-year high, trading $17,000
Share on FacebookShare on TwitterShare on Linkedin

Bitcoin prices ascended to a record high on Tuesday, hitting another milestone at above $62,000, a move that many reaffirm to be a bullish trend in the cryptoverse and one that can make other digital assets surge.

At the time of writing this report, the flagship crypto traded at $62,645.26 with a daily trading volume of about $60 billion. Bitcoin is up 2.99% for the day. The world’s most popular crypto now has a market value of about $1.17 trillion.

Adding credence to the strong bullish run in play is data retrieved from Glassnode pointing to the fact that holders of the flagship crypto are selling less, as Bitcoin deposits on exchanges hit a 30-day low.

BTC Number of Exchange Deposits (7d MA) just reached a 1-month low of 2,837.702.

READ: Why Bitcoin might likely hit $100,000 soon

? #Bitcoin $BTC Number of Exchange Deposits (7d MA) just reached a 1-month low of 2,837.702

View metric:https://t.co/v3uKq4dCjX pic.twitter.com/MTLDQeL5Oj

— glassnode alerts (@glassnodealerts) April 13, 2021

READ: Bitcoin produces 4 billionaires worth at least $3 billion each

More details later…

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Tags: BitcoincryptoFeatured

Comments 1

  1. Stephen says:
    April 13, 2021 at 2:41 pm

    How do I trade with bitcoin

    Reply

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