Bitcoin

Bitcoin

Bitcoin Jumped Over $63k And Set a New Record

The price of Bitcoin (BTC) has crossed a new all-time high on Tuesday when the leading crypto jumped over $63,275. Use it to play at Casino Extreme!

The price of Bitcoin (BTC) has crossed a new all-time high on Tuesday when the leading crypto jumped over $63,275.  At the time of writing this post, its price is $63,456. The analysts agree that this fresh record can be broken in the following days as Bitcoin is seen rising towards $70k.

Bitcoin Touches New Highs

BTC has finally crossed the psychological resistance at the $60k mark and even brushed past the last all-time price high. At around 5 a.m. (EST), bitcoin’s price jumped to a new ATH reaching $63,275 per BTC. At the time of writing, BTC is just under the $63k handle and has a market valuation of around $1.177 trillion today. That’s approximately 54% of the entire $2.153 trillion crypto market economy, as stated on the official site of Bitcoin.

Analysts Prognosis

Analysts use the term “price discovery” when the price of an asset reaches a new all-time high. On Tuesday, the price of Bitcoin entered price discovery, surpassing its record high as it made its way above $62,000. When an asset enters price discovery, two scenarios could emerge: It becomes overbought and sees a severe correction, or it sees stronger technical momentum and rallies further, as Cointelegraph wrote.

While you’re waiting to see Bitcoin jump above $70k, use the best crypto bonuses and play games at crypto casino Extreme. Of course, the most-used crypto among our players is Bitcoin. You can use it as a safe and fast deposit method, as well as to withdraw your winnings. We are recognized as an instant withdrawal casino and it’s your guarantee that you are at the bet safe place.

Leave a Reply

Your email address will not be published. Required fields are marked *