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.
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Bitcoin Adoption Rises as Younger Investors Drive Growth, Says VanEck’s AnalystBoth 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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