Bitcoin’s price gains continued in the past 24 hours, and the asset shot up to almost $66,000 for the first time since August 1.
The altcoins are also in the green, with ETH nearing $2,700, while BNB has jumped above $600 amid rumors that Binance’s former CEO, CZ, will be released today.The primary cryptocurrency has been on a roll since last Wednesday when the US Federal Reserve cut the interest rates by 50 basis points. At the time, the asset stood below $60,000 but quickly reclaimed that level and surged over $64,000 by last Friday.
It retraced and calmed during the weekend but the current business week began with another surge toward $65,000. However, BTC was stopped there twice – once on Monday and again on Wednesday, and pushed south to under $63,000 yesterday.on the pedal and initiated another leg up in the past day. This culminated in bitcoin jumping above $65,000 and nearing $66,000 to mark an 8-week peak. This comes amid theThis is all you need not to miss any price action in the raging crypto markets.
The total crypto market cap has increased by almost $70 billion in a day and is well above $2.3 trillion on CG.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.