Bitcoin Tops $38K for First Time, a Day After Blowing Past $36K, $37K
The leading cryptocurrency hit a new-all time high of $38,286.65, before settling down to $36,004.99, up 5.93% over the last 24 hours.
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On Nov. 30, bitcoin breeched a nearly three-year high of $19,793. Since then the cryptocurrency has gained more than $10,000.
Following a torrid December in which the price of bitcoin rose $10,000, three days into the new year it's up another $5,000.
The leading cryptocurrency blew past the previous mark set a week ago.
Does Bitcoin have further to fall? BTC calms after stocks see a situation which has happened only twice this century. Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets.In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.”Analyst: Stocks saw "forced liquidation"After plunging to 10-week lows in line with equities on the May 5 Wall Street trading session, Bitcoin bounced at levels last seen in February. The downturn in both crypto and....
After hitting $25,000 on Dec. 25 and $26,000 on Dec. 26, quite naturally the price of bitcoin (BTC) soared past $27,000 early on Dec. 27 as the leading cryptocurrency’s recent meteoric rise continues.