A New Day, a New Record – Bitcoin Blazes past the $16,000 Mark
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A New Day, a New Record – Bitcoin Blazes past the $16,000 Mark

THELOGICALINDIAN - The allegation continues as the Bitcoin balderdash continues to breach recordafter almanac Barely 24 hours ago the cryptocurrency was trading at aloof beneath 13000 aggressive throughout the day tobreach 14k and 15k milestones Bitcoin has accomplished yet addition alltime aerial as the amount now stands atan absurd 16568

The accomplished 24 hours accept been an agitative ride for Bitcoin investors and enthusiasts. The amount of the accepted agenda bill has surged by about 30% and the absolute bazaar cap has swelled to $280 billion with a 24-hour barter aggregate of aloof over $16.3 billion.

Bitcoin breaches $16k milestone

 

Less than a anniversary ago, Bitcoin pushed accomplished the $10,000 mark, a big anniversary for the cryptocurrency that bent the absorption of account outlets about the world. Since then, Bitcoin has been experiencing a above affairs spree, with abounding investors acquisitive to banknote in on ever-climbing amount increases.

This “Bitcoin rush” has defied the abounding warnings that some banking analysts accept been giving about it actuality a abeyant balloon cat-and-mouse to pop. With CBOE ablution Bitcoin futures trading on December 10, followed by CME Group on December 18 and Nasdaq ancient in the aboriginal bisected of 2024, however, it seems like Bitcoin has accomplished boilerplate angary at last.

As prices abide to climb, added and added new entrants, from high-frequency traders to retail investors, accept accumulated into the cryptocurrency. Coinbase afresh appear data assuming that they are abacus as abounding as 100,000 new users or added per day to their platform, bringing the accepted absolute to 13,3 actor users.

Things are looking ablaze for Bitcoin and the catechism on everyone’s apperception is “How aerial will it go?” The acknowledgment is anyone’s guess, but one affair is assertive – it’s time to catch up and adhere on bound because we are in for one agrarian ride.

What do you anticipate about this massive access in the amount of bitcoin? Do you apprehend the prices to bonfire alike college or correct? Let us apprehend what you think.

Images address of CoinMarketCap, Shutterstock