Bitcoin price has been hovering around is first all-time high of $69,000. There is a struggle between bears and bulls at the $71,000 resistance level. Investors are eagerly optimistic that bulls will soon emerge victorious as the Bitcoin halving event draws near. There are even predictions that the ‘king of cryptos’ will reach a new peak prior to the historic event. Let’s explore further to discover the reasons behind this.
Current Market Performance of Bitcoin Price
The current Bitcoin price is $69,712.16, having dropped by 1.05% over the last 24 hours. The past week has been a rollercoaster for the coin, recording a slightly growth in value by 2.3%.
Despite this, its performance in the last 30 days has been impressive with a noticeable increase of21.96 percent. When observing the year so far, BTC has had an impressive performance with a growth of 157.68%. Its trading volume has risen by 14% to reach $41 billion in the last 24 hours. This indicates a notable level of trading ta
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