Bitcoin has just broken to a new all-time high as price raced past the $69,000 level. On Tuesday, the price of the benchmark cryptocurrency rose past $69k, entering price discovery mode.
BTC traded at $69,322 on Coinbase. Crypto markets are wild following the feat.
A new record high: The #Bitcoin price touched $69,000 today.#bitcoins #cryptocurrecy #markets pic.twitter.com/5WOL0qcSKG
— Mohamed A. El-Erian (@elerianm) March 5, 2024
Bitcoin price has jumped more than 200% in the past year and nearly 350% since it broke down to lows of $15k in 2022.
#Bitcoin has never traded higher than it has today
Congratulations #HODLGang pic.twitter.com/JwdKqPBiuS— Market Rebellion (@MarketRebels) March 5, 2024
Bitcoin may continue upwards pre-halving as bulls target extended dominace past $70k.