Bitcoin price broke the $ 60,000 barrier for the very first time and reached the new ATH. It appears that the long-awaited extension of the booming market has actually begun.
Bitcoin has actually experienced a spike in the last couple of months. It just heightened in December, when the initial cryptocurrency went beyond $ 20,000. This turning point came 3 years after striking the $ 19,600 peak. The occasion was greatly talked about worldwide, making all eyes rely on cryptocurrencies once again.
In less than 4 weeks, the rate doubled, which caused a continual boost in rates throughout the cryptocurrency market. On February 16, BTC broke the psychological resistance of $ 50,000. Numerous experts have actually indicated the six-digit number as another turning point. Much of them keep in mind the worth of Bitcoin as ‘digital gold. The marketplace capitalization of gold today is around $ 10 trillion, and Bitcoin is currently over $ 1 trillion.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.