Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$99,448.00
2.80%$1,969.52
7.99%$2.21
4.00%$615.64
1.65%$155.06
5.86%$0.999999
0.00%$0.184621
7.41%$0.721586
7.48%$0.250422
1.34%$1,964.10
7.84%$99,309.00
2.74%$3.80
13.89%$14.89
8.56%$20.88
7.09%$0.274714
5.68%$417.36
14.49%$2,358.66
7.63%$8.79
1.38%$1.00
-0.00%$0.00001352
6.13%$0.18635
6.10%$3.12
4.07%$21.49
1.78%$91.88
1.64%$4.23
7.30%$1,971.60
8.16%$292.97
3.31%$0.997424
-0.28%$4.34
0.97%$1.001
0.04%$2,098.31
7.52%$99,451.00
2.87%$0.625589
7.59%$29.30
1.94%$0.00000931
14.87%$398.31
9.78%$1.051
0.02%$5.08
7.52%$5.24
9.01%$51.83
1.92%$2.51
9.18%$0.924845
7.38%$1.00
0.00%$187.10
9.84%$0.094869
3.51%$21.44
1.57%$17.27
7.24%$4.88
5.84%$0.094802
3.51%$0.731948
2.96%$12.25
13.35%$29.96
0.49%$4.54
8.54%$0.02657368
5.83%$0.997299
-0.29%$100,209.00
3.84%$1.17
-0.01%$0.229482
5.27%$4.35
5.48%$0.729859
7.42%$4.35
0.67%$2.75
7.34%$0.2112
5.96%$0.304365
13.92%$0.55712
9.73%$2.61
9.34%$0.334338
9.69%$4.24
3.30%$0.999773
0.25%$0.947351
10.39%$0.00001848
11.21%$1.001
8.85%$10.88
0.98%$1,625.88
10.88%$93.17
3.10%$0.456222
9.12%$0.837852
14.09%$163.07
6.05%$0.01950812
1.03%$1.26
1.02%$0.076482
5.30%$1,961.57
7.51%$2,053.00
8.16%$99,141.00
2.95%$1.10
10.52%$4.05
7.07%$1.66
23.05%$0.211092
6.54%$1.001
0.13%$0.58874
11.18%$0.633664
6.93%$10.49
10.77%$0.72111
8.23%$0.097836
7.41%$2,234.64
8.07%$0.996947
-0.36%$0.01420013
28.51%$0.999822
0.01%$614.30
1.40%$14.66
-1.86%$3,361.66
-0.67%$0.00008423
12.07%$200.29
6.05%$0.01661379
6.76%$99,658.00
3.26%$3,365.50
-0.71%$171.75
5.97%$1.00
0.02%$0.217559
5.99%$0.864496
10.84%$0.775567
8.85%$100,103.00
3.77%$2.66
11.39%$38.85
6.92%$98,874.00
3.59%$0.609737
10.83%$2,097.09
7.84%$0.736513
4.06%$0.01631749
8.60%$0.00000072
4.37%$0.291532
7.47%$3.86
3.01%$2.14
5.72%$0.114956
3.63%$19.80
12.51%$40.68
7.61%$0.997737
-0.08%$0.641651
15.47%$0.063729
20.09%$2,058.29
7.89%$0.998266
-0.01%$0.390715
5.83%$0.01771865
3.90%$0.566003
5.25%$1.11
1.78%$0.313447
6.33%$3.57
12.12%$0.684426
13.46%$1.72
8.03%$0.582706
17.49%$2,059.66
7.94%$0.144351
8.46%$0.00902017
8.50%$0.0056002
4.47%$0.435571
12.24%$98,565.00
2.55%$99,198.00
2.57%$110.97
0.01%$0.999144
0.10%$0.452811
4.73%$1.00
0.00%$7.30
8.00%$99,267.00
2.86%$0.189938
13.45%$0.48283
18.78%$0.184122
7.09%$0.065936
0.52%$1.31
5.70%$0.593583
6.60%$16.20
6.20%$1.00
0.00%$96,712.00
1.52%$0.00002225
5.90%$1,970.35
8.10%$1.57
5.58%$0.137754
6.00%$2,095.09
7.81%$0.527461
8.74%$5.96
7.54%$0.00800481
11.14%$1,968.96
7.97%$0.00000042
1.21%$0.00594985
8.18%$1.008
0.80%$1.086
0.05%$1,965.13
8.65%$0.162143
1.53%$0.154756
1.94%$1.63
3.17%$2.51
7.39%$2,010.99
7.40%$0.04192887
7.28%$0.085556
10.09%$3.25
9.72%$0.076061
5.65%$1,971.60
8.13%$1.44
10.69%$0.229886
5.52%$41.22
6.37%$0.00000093
39.76%$0.38247
2.62%$32.51
0.25%$1.002
0.39%$0.539488
10.00%$21.52
0.78%$0.362268
-5.81%$0.174653
2.52%$0.0351931
3.26%$0.01809327
1.53%$0.00409768
2.41%$1.001
0.05%$0.586875
30.19%$1.40
7.62%$0.00006102
3.97%$0.794289
3.62%$0.997934
-0.04%$0.320293
8.69%$0.289912
12.71%$0.704979
8.03%$1.00
0.13%$0.70276
4.48%$1.00
0.00%$1,956.49
8.00%$99,357.00
2.69%$0.00000148
0.92%$116.15
5.96%$99,459.00
2.46%$1.099
-0.02%$0.00292342
4.78%$20.92
7.43%$0.03348732
7.82%$0.230593
4.59%$2.55
5.53%$3,360.85
-0.93%$2,077.36
7.37%$0.999828
-0.01%$0.202677
6.96%$21.50
1.71%$1.30
-30.37%$22.40
4.81%$3.30
6.26%$0.536532
3.13%$2,161.17
7.97%$3.27
18.71%$0.00297344
12.09%$0.26374
4.10%$2,147.05
8.16%$15.78
7.79%$2.75
-1.26%$1,996.26
2.65%$0.00344778
9.31%$0.0365676
4.61%$1,969.32
8.02%$1.55
1.82%$99,399.00
3.98%$21.50
1.73%$0.01271635
5.83%$1.007
1.03%Reading
The cryptocurrency market continued its rally on Friday as Bitcoin hit a high of just over $20,000 per coin.
Bitcoin hasn’t been priced this high since early November, according to data from CoinGecko, before the spectacular collapse of FTX.
The broader crypto market is also showing signs of life as the total market capitalization of the industry currently stands at $979 billion, an increase of 3.8% in the last 24 hours. More than $72 billion in crypto has been traded in the last day, according to CoinGecko.
The price of BTC began to climb earlier this week in anticipation of the release of the Federal Reserve's December Consumer Price Index report. Bitcoin started the week trading at $17,207 on Monday and has continued an upward trajectory ever since. The CPI report met market expectations and showed that inflation in the U.S. economy is indeed slowing.
The report was welcomed news for both traditional and crypto investors. But it also comes at a time when there is a renewed focus on crypto in Washington, D.C. The collapse of FTX in November has lawmakers on high alert. FTX founder and former CEO Sam Bankman-Fried was arrested last month and charged with eight crimes, including wire fraud and campaign finance violations.
The SEC has also increased its scrutiny of the crypto market as of late, bringing fresh charges against major players. Yesterday, the Commission charged cryptocurrency exchange Gemini and crypto broker Genesis with securities laws violations over an “Earn” program that allowed investors to earn yield on Bitcoin deposits. U.S. House Republicans also announced plans yesterday for a subcommittee dedicated to cryptocurrency, Politico reported.
While Bitcoin's upward moves have many on Crypto Twitter celebrating, $20,000 is still 71% lower than Bitcoin's previous all-time high of just over $69,000.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Bitcoin tapped the $100,000 territory for the first time since February, as the U.S. gears up for trade talks with China and prepares to unveil a deal with the UK. Per data from CoinGecko, the leading cryptocurrency briefly crossed $100,000 before dropping back to its current price of around $99,500, up 2.6% on the day and 3.5% on the week. A "major trade deal" teased by U.S. President Donald Trump on social media platform Truth Social, would mark a diplomatic milestone following the economic tu...
Bitcoin briefly surged above $99,000 early Thursday, its highest price since February, as President Trump teased a possible international trade agreement with the UK. The crypto asset is now within striking distance of its all-time high set in March and is now eyeing $100,000. The asset is up 2.6% after retreating from a daily high above $94,000, as per CoinGecko data. “MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY,” Trump posted late Wednesday on Truth Social, an...
Bitcoin will soar to new heights—touching $150,000 this year—before altcoins then rally, BTC billionaire and outspoken crypto mogul Arthur Hayes recently said. And investors will have the monetary authorities in the U.S. to thank for that, the former BitMEX boss said in an interview at last week's Token2049 conference in Dubai. According to the crypto entrepreneur, inflation is likely to continue, too—which investors have argued will be good for assets like Bitcoin. "I think that the setup is p...