đđ Bitcoin (BTC) is soaring high, folks! After a flirtatious dance with the $70,000 mark, BTC finally took the plunge and shot past it for the first time in a week, reaching a high of just over $71,000. đđ
The week started off a bit rocky for BTC, with the bears driving it down to $68,000 on Monday and $66,000 on Tuesday. It even slumped to a ten-day low of under $64,500 by Wednesday. But the bulls weren't having any of it! They stepped up and pushed BTC back up to just over $69,000.
However, the rally was short-lived, with BTC quickly returning to $66,000. But hold on to your hats, because by the end of the week, BTC had jumped back up to $69,000. The bulls tried to take down $70,000 on Sunday but didn't quite make it. But today, they finally did it! BTC blasted through $70,000 and even went a bit higher, reaching just over $71,000.
Now, all eyes are on whether BTC can break its early March all-time high of $73,800 before the upcoming halving. BTC's market cap is nearing a whopping $1.4 trillion, and its dominance over the altcoins is slightly up to 50.4%.
Meanwhile, Ethereum (ETH) and Dogecoin (DOGE) are also having a good day. ETH has jumped above $3,500 for the first time in weeks, and DOGE is trading north of $0.2. The total crypto market cap has surged by about $70 billion in a day and now sits close to $2.8 trillion. đđđ
So, BTC enthusiasts, keep your eyes peeled and your fingers crossed. The bulls are in town, and they're not going anywhere! đđđ
