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News Explorer — Bitcoin Price Rises Above $61,000 Amid Elevated Volatility

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Aug 20, 10:07 am

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Bitcoin Price Rises Above $61,000 Amid Elevated Volatility

Despite ongoing volatility in the market, Bitcoin reached a high of $61,000 during early European trading hours. The Bitcoin Volatility Index is currently at 3.07%, with the highest rate in the past year being 3.25%. While the price of Bitcoin has gained 5% in the past day, there is still uncertainty among traders due to the cautious market sentiment and fluctuating trading volumes.

Despite ongoing volatility in the market, Bitcoin reached a high of $61,000 during early European trading hours. The Bitcoin Volatility Index is currently at 3.07%, with the highest rate in the past year being 3.25%. While the price of Bitcoin has gained 5% in the past day, there is still uncertainty among traders due to the cautious market sentiment and fluctuating trading volumes.

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