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🟢🟢🟢 History: Bitcoin Breaks New All-Time High Of $69,000 Well Before Halving 🏆🏆🏆
Bitcoin has officially reached a new all-time high in US dollars, reclaiming its previous record of $69,000 from November 2021. 📈 This milestone propels Bitcoin's market cap to over $1.35 trillion, equivalent to the entire global supply of silver! 💰
The surge in Bitcoin's price follows the launch of several U.S. Bitcoin spot ETFs in January, opening up investment opportunities for institutional buyers. 📊 Tuesday's rally began with the U.S. stock market opening, highlighting the increasing influence of ETFs on Bitcoin's daily trading volume. BTC is now trading at $69,101! 💸
But it's not just against the USD; Bitcoin has also surpassed all-time highs against other national currencies like the AUD, CAD, EUR, and GBP. 🌐
However, with great gains come significant fluctuations. Tuesday's rally caused $536 million worth of liquidations in 24 hours, with $286 million from short trades, according to Coinglass.
What's remarkable about this new high is that it breaks the trend of Bitcoin reaching new highs only after its periodic "halving" event. The next halving is estimated for April 2024! 🗓️
Exciting times ahead for the world of cryptocurrencies! 🚀
#BitcoinAllTimeHigh #CryptoNews #Write2Earn #Sathoshi
Bitcoin has officially reached a new all-time high in US dollars, reclaiming its previous record of $69,000 from November 2021. 📈 This milestone propels Bitcoin's market cap to over $1.35 trillion, equivalent to the entire global supply of silver! 💰
The surge in Bitcoin's price follows the launch of several U.S. Bitcoin spot ETFs in January, opening up investment opportunities for institutional buyers. 📊 Tuesday's rally began with the U.S. stock market opening, highlighting the increasing influence of ETFs on Bitcoin's daily trading volume. BTC is now trading at $69,101! 💸
But it's not just against the USD; Bitcoin has also surpassed all-time highs against other national currencies like the AUD, CAD, EUR, and GBP. 🌐
However, with great gains come significant fluctuations. Tuesday's rally caused $536 million worth of liquidations in 24 hours, with $286 million from short trades, according to Coinglass.
What's remarkable about this new high is that it breaks the trend of Bitcoin reaching new highs only after its periodic "halving" event. The next halving is estimated for April 2024! 🗓️
Exciting times ahead for the world of cryptocurrencies! 🚀
#BitcoinAllTimeHigh #CryptoNews #Write2Earn #Sathoshi
