Crypto Markets Add $70 Billion Daily as Bitcoin (BTC) Soars Past $71K (Market Watch)

📆 08/04/2024 05:22 a. m.
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Bitcoin flirted with the $70,000 level yesterday but had to wait another day before it shot up above it for the first time in about a week.Bitcoin had an unfavorable start to the previous business week as it had failed to overcome $71,000, and the bears drove it south to $68,000 on Monday and $66,000 on Tuesday. Another leg down followed by Wednesday, and BTC slumped to a ten-day low of under $64,500.

BTC’s market cap has neared $1.4 trillion, while its dominance over the alts is slightly up to 50.4% on CG.The second-largest cryptocurrency is among the top performers in the past 24 hours. ETH has soared by about 5% and has jumped above $3,500 for the first time in weeks.

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