Cryptocurrency

Bitcoin Reaches Highest Level in 2 Months

Bitcoin Reaches Highest Level in 2 Months

  • Flagship cryptocurrency Bitcoin has rallied to levels that haven’t been attained since May
  • The world’s largest cryptocurrency has gained more than 5% in the last 24 hours, surpassing $43,000
  • Along with BTC gains, other cryptocurrencies have gained hugely in the last 24 hours, including Ethereum moving from $2,700 to above $2,900

The value of Bitcoin has greatly risen in the last 24 hours, pushing the flagship cryptocurrency to its highest level since May.

The world’s number one cryptocurrency gained more than 5% in 24 hours, moving to $43,341.

At the time of this report, BTC is currently at $42,800, having started the day below $40,000.

A breakout from the current zone could see BTC go as far as $51,000 in the coming week, according to crypto analyst Katie Stockton.

Bitcoin

William Noble, a technical analyst for Token Metrics has suggested that the BTC could break as high as its all-time high of $64,000.

Read also: Uruguay Set to Make Important Bitcoin Decision

Meanwhile, many other cryptocurrencies such as Ethereum, Solana, and Swipe have gained greatly.

Bitcoin

Ethereum is up by almost 4% in the last 24 hours, after moving from $2,731 above $2,900.

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