The post Bitcoin Hits $80K – Can It Keep Rising or Will It Fall? appeared first on Coinpedia Fintech News
Bitcoin’s recent price surge has been, honestly, nothing short of impressive. In the past week alone, BTC jumped by 17.36%. Look back over the past month, and it’s even bigger—up 28.57%. Currently, Bitcoin is hovering around an all-time high of $80,860.
So, what does this mean for the bigger picture? Well, Bitcoin’s market cap now sits above $1.6 trillion. This brings Bitcoin dominance to 59.4%. That’s big because it shows Bitcoin’s not just leading the pack; it’s pretty much driving the whole market forward. The global crypto market cap has grown too, now at $2.88 trillion, reflecting a 2.82% bump in just the last 24 hours. And the daily trading volume? A massive $82.49 billion. Clearly, Bitcoin fever is high.
Bulls Getting Tired?
A very interesting thing to understand here is the entry of new players. As btc started to rise a lot of new investors star
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