Crypto's comeback: Bitcoin hit an all-time high of over $69,000 : Orishas-finance

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Crypto's comeback: Bitcoin hit an all-time high of over $69,000

13/03/2024

Source : ORISHAS-FINANCE

Categories: Economy/Forex

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Crypto's comeback: Bitcoin hit an all-time high of over $69,000

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This week, Bitcoin hit an all-time high of over $69,000 (€63,000) before falling slightly, astounding investors with a remarkable recovery.

The price of Bitcoin jumped by over 300% compared to November 2022, when it fell below $20,000. Cryptocurrency market capitalization, for its part, reached a record high of nearly $1.35 trillion. The combined value of the total crypto market is currently around $2.5 trillion, its highest level since November 2021 and just 10% below its all-time high of $2.8 trillion. These funds make it easier for investors to gain exposure to bitcoin without directly owning the virtual currency.

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