Bitcoin returns to $41,000 area, something not seen since April 2022
Bitcoin has experienced a remarkable recovery and has surpassed the $40,000 mark, achieving a milestone not seen since late April 2022. The latest surge pushed Bitcoin to a 19-month high on December 3. Cryptocurrency analysis platform Santiment is ecstatic. There was a lot of excitement as Bitcoin crossed the $40,000 mark. The company attributed the rise to concerns and excitement about the upcoming exchange-traded fund (ETF) confirmation date. #ETH
The recent surge has also set a new peak for Bitcoin so far this year. It's up an impressive 140% since the start of the year. However, it’s worth noting that Bitcoin is still about 42% below its all-time high of over $69,000 set on November 10, 2021. At press time, Bitcoin was trading at $41,206.35, having surged 4.65% in the past 24 hours.
