Bitcoin hits fresh all-time high of $73,000, Ether inches near record high; what fuelled rally in cryptos?
Bitcoin price touched a new high of $73,157.55 today, surging 46% in the last one month from $50,000 level.
Bitcoin price touched a new high of $73,157.55 today, surging 46% in the last one month from $50,000 level.
Bitcoin prices have risen 27% year-to-date, driven by spurt in activities in the spot bitcoin exchange traded funds (ETFs), which started in the U.S. in Jan 2024.
Bitcoin rose 7.5% to hit one month high of $23,526 in the past 24-hour trade; the world’s largest crypto has gained 18.5% in a week.
Terra LUNA, which touched an all-time high of $119.5 early last month, declined more than 99% to hit an all-time low of $0 per dollar in the last 24-hour trade.
The drop in crypto comes as global equity markets plunged following Russia's invasion of Ukraine.