Home » Bitcoin » Bitcoin Breaks $73,000 and Is One Step Away From a New ATH

Bitcoin Breaks $73,000 and Is One Step Away From a New ATH

29.10.2024 21:15 1 min. read Alexander Zdravkov
SHARE: SHARES
Bitcoin Breaks $73,000 and Is One Step Away From a New ATH

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.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

Telegram

SHARE: SHARES
More Bitcoin News
No Comments yet!

Your Email address will not be published.