Bitcoin Inches Closer to ATH After Another 5% Surge
CryptoNewsTerminal Staff04 Jun, 2024
Bitcoin Inches Closer to ATH After Another 5% Surge
Bitcoin (BTC) is now less than 5% away from its all-time high (ATH), according to a tweet by the Bitcoin Magazine X account. At the time of writing, BTC is trading at $70,428.09, up 1.97% in the last 24 hours, according to CoinMarketCap. This latest surge in BTC's price comes after a period of consolidation, during which the cryptocurrency traded within a narrow range. However, the bulls have now taken control, and BTC is once again on the verge of breaking its ATH. If BTC can continue its upward momentum, it could reach its ATH of $73,000 in the coming days or weeks. This would be a major milestone for the cryptocurrency, and it would further cement its status as a leading digital asset.
