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.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.
According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.
Metaplanet has expanded its Bitcoin treasury with a new acquisition of 1,005 BTC valued at approximately $108.1 million, further cementing its status as one of the largest corporate holders of the digital asset.