At the time of writing, the leading cryptocurrency was trading at $73,466.
Bitcoin broke through the $73,000 mark, posting a 6% increase in the last 24 hours and nearly 9% on a weekly basis.
The trading volume of the leading digital asset is $96 billion, reporting a 67% intraday growth alone, and the total capitalization is $1.44 trillion according to Coinglass.
Bitcoin’s market dominance is at a historic 59%. Over the last day, $264 million worth of liquidations have been recorded, with $231 million of them being short positions.
Both BTC and the entire crypto market are reporting growth, with the total market cap of all cryptocurrencies at $2.45 trillion, registering a 6% intraday increase.
This growth was fueled in part by inflows into spot BTC ETFs, which recorded $480 million in inflows over the previous day.
Bitcoin is 0.5% away from a new all-time high and it is only a matter of time before it reaches it.
Strategy (previously MicroStrategy) founder Michael Saylor recently shared a tweet, highlighting a key moment in his recent talk at the Bitcoin Policy Institute.
Ethereum (ETH) has been experiencing a notable decline relative to Bitcoin (BTC), prompting analysts to forecast further price drops in the near future.
The idea of a Strategic Bitcoin Reserve in the U.S. has caught the attention of Deutsche Bank, which sees it as a move with significant economic implications.
Rumble has expanded its Bitcoin holdings, acquiring 188 BTC for $17.1 million as part of its long-term strategy to integrate digital assets into its corporate treasury.