Another day, another all-time high for Bitcoin as the largest cryptocurrency hits $38,500 on January 7. Meanwhile, a surprise move from XRP was the talking point among market participants on the day.
Markets Report: Bitcoin prints new all-time high as market waits for $30,000
Another day brings a $28,600 record for Bitcoin, but volatility ensures the gains remain hard-won
Bitcoin kept up the volatility on December 30 with a new all-time high swiftly turning into a volatile battle between bulls and bears. Data from price trackers including CoinMarketCap and TradingView showed a tug-of-war for price supremacy during Wednesday trading, after BTC/USD hit $28,600.
Markets Update: With Bitcoin up 30% in seven days, crypto prepares for the ‘Roaring Twenties’
Some form of respite from volatility finally appears, as Bitcoin remains in uncharted territory far above all-time highs
Bitcoin has had a transformative week as all-time highs tumble and institutional investment suggests there’s no turning back — what now? Five days can seem like a lifetime in Bitcoin when volatility appears, and this week is perhaps the ultimate example of that phenomenon.
Markets Report: Bitcoin hits $20,000 as sellers give way to new all-time highs
A fresh charge sees multiple exchanges hit record Bitcoin price levels as bulls show no signs of giving up the fight in the BTC ‘liquidity crisis’
That level marked not only daily gains of more than 6%, but also a new all-time high for Bitcoin on multiple major exchanges. At press time, the largest cryptocurrency was experimenting with never-before-seen levels amid intense volatility. Just hours before, it had traded at closer to $19,000 support.