Bitcoin Price Surpasses $29,000 To Record A New All-Time High

The cryptocurrency market shows no signs of slowing down today. The total capitalization has added almost $4 billion in the past 24 hours, surging to levels not seen since January 2018. At the time of this writing, the total market cap sits just shy of $760 billion, according to CoinMarketCap.

Bitcoin price continues to paint fresh all-time highs on a daily basis. Earlier today, CryptoPotato reported that the cryptocurrency has managed to break out once again and chart a new high at $28,600. However, it appears that there’s undoubtedly room for more.In the past few hours, BTC has gone on yet another leg up, painting a fresh all-time high surpassing $29K – the current ATH is set to $29,010 on Bitstamp.

BTC/USD, source: TradingViewWith this, the cryptocurrency has also managed to gain about $3,000 since yesterday’s lows – below $26,000 and completes almost 50% ROI in just two weeks since breaking the previous ATH recorded in December 2017 ($19,660).It’s also interesting to note that the second-biggest cryptocurrency by market cap, Ethereum, is also on the move. Earlier today, we reported that it’s likely that ETH’s sideways movement from the past couple of days might end up with a wild move and it appears that one is already in the making.ETH’s price reached $758 on Binance – a level that we haven’t seen since May 2018. The world’s second-largest cryptocurrency is now sitting on a market cap of around $85 billion.

 Jeannie Propes

Jeannie Propes– Technology My Name is Jeannie Propes, and I am 29 years old who is an industrialist other than a writer. I want to catch the attention of my audience and publishers without sound too dry and dull. I am the sort of person who adores his spare time by writing my thoughts and ideas for my audience or readers. My writing skills are not confined to any specific field, I wrote on many topics, but technology and stock Market articles are always my favorite. I love to express myself through creative modes such as drawing, singing, and writing. I love to spend my leisure time with my beloved cat, sleep or by playing my favorite video games.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

Close Bitnami banner