Bitcoin price breaks above previous all-time high of $69,000 after 846 days

by Adam James

MARKET UPDATES • MARCH 5, 2024, 10:03AM EST

Published 1 MINUTE EARLIER on

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The Block Illustration by Zoe Ellyse Del Rosario for The Block

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The price of Bitcoin breached its previous all-time high.

The market-leading cryptocurrency has grown by around 70% this year.

After a 28-month-long period and a top-to-bottom decline of 77%, the price of Bitcoin BTC +2.54%

surpassed its previous all-time high of $69,000 today. It took the market-leading cryptocurrency a total of 846 days to retrace its steps.

Bitcoin has appreciated approximately 346% since bottoming out above $15,000 in the latter quarter of 2022. This year alone, it has increased by roughly 70%.

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