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Bitcoin's Best Weekly Run Since 2023 US Banking Crisis as Price Nears $90K

Bitcoin's Best Weekly Run Since 2023 US Banking Crisis as Price Nears $90K

CointimeCointime2024/11/12 08:55
By:Cointime

Bitcoin continues to surge towards $90,000, with a weekly return of over 29%, marking its best seven-day period since the US banking crisis in 2023. The cryptocurrency's market cap has grown by $413bn in the past week. The 2023 banking crisis was a catalyst for Bitcoin's bull run last year, according to BitMEX co-founder Arthur Hayes.

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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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