Bitcoin on verge of claiming new all-time high
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Bitcoin has successfully proven the"Uptober" theory with substantial gains throughout this month. The leading cryptocurrency is inching closer to its all-time high of of $73,835. The Bitcoin price reached this price level on March 1, 2024, amid the hype around the launch of Bitcoin spot ETFs. Now, the community is anticipating a new ATH as bullish sentiment prevails on the market.
The crypto community is now anticipating that this time will be different. As of writing this story, Bitcoin is trading at $71,110.54 after a 3.76% jump in the last 24 hours. The trading volume of the coin has soared 116.86% during this time, currently sitting at $47.75 billion.
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