Bitcoin Price Leaps Over $38,600- Analyst Says BTC’s Parabolic Move ‘Highly Abnormal’

Bitcoin Price Leaps Over $38,600- Analyst Says BTC’s Parabolic Move ‘Highly Abnormal’


Digital currency markets continue to see strong gains, as the overall market valuation of the crypto economy has jumped $32 billion over the $1 trillion market cap after hitting the record number for the first time. Moreover, the price of bitcoin touched yet another all-time high on Thursday morning (EST) reaching $38,610 per coin.

Bitcoin, the leading digital asset in terms of market valuation, is hovering above the $38k handle after smashing through its ATH the day prior. Bitcoin (BTC) jumped to another ATH on Thursday touching approximately $38,610 per unit during the morning trading sessions. Bitcoin is up over 10% during the last 24 hours, 31% during the last seven days, 107% for the month, and 243% for the 90-day span. BTC is also up more than 370% against the U.S. dollar for the last 12 months. Bitcoin (BTC) tapped an ATH of $38,610 on Thursday morning’s trading sessions (EST). The crypto asset’s top trading

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Thanks for sharing!
Send this to a friend