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.
While a growing number of public companies have taken bold steps to load their balance sheets with Bitcoin, Coinbase — one of the industry’s most prominent names — has deliberately avoided following that path, citing long-term risk management and customer alignment as key reasons.
Ark Invest CEO Cathie Wood believes the U.S. economy is turning a corner.
An anonymous crypto trader going by the name James Wynn has stunned the trading community with jaw-dropping gains on Hyperliquid, a decentralized exchange gaining traction among high-risk players.
Bitcoin is holding firm near the $103,000 level, trading sideways after last week’s explosive move past six figures.