Uncategorized
Bitcoin surges to new all-time high
Bitcoin, the world’s largest cryptocurrency, has reached an all-time high of $67,300
Analysts are saying the crypto market is growing at a mind-blowing speed, now being worth over $3 trillion.
As of 9:54 am in New York, the overall market cap of cryptocurrencies hit $3.3 trillion, according to CoinGecko pricing.
The third- and fourth-biggest tokens, Binance Coin and Solana, have added more than 20% in the past seven days; all of the seven biggest coins are up over the last week.
Ethereum, the second most popular cryptocurrency, also reached a record high of over $4,800.
Experts predict the surge is being prompted by investors piling in as a method of maintaining or growing the value of their money against inflation.
These recent rises just go to show how volatile the digital coin sector is.