In a significant milestone for the cryptocurrency market, Bitcoin (BTC), the largest digital asset, shattered its previous records, surging past the $69,000 mark to establish a new all-time high (ATH) of $69,300 on Tuesday.
The achievement marked a historic moment for BTC, which hadn’t reached such levels in over two years. However, the crypto’s upward trajectory shows no signs of slowing down, with experts predicting further price gains.
Bitcoin Price And ETFs In Perfect Harmony
According to data from Deribit, an options and futures crypto exchange and analytics firm GenesisVol, BTC is anticipated to experience a potential increase of up to 20.8% within the next 30 days.
These projections suggest that, under ideal circumstances, Bitcoin’s price could break through the $80,000 barrier. Even conservative traders are optimistic, expecting BTC to easily surpass $70,000 and reach around $75,000.
In addition, the recent approval of spot Bitcoin exchange-traded funds (
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