- Bitcoin hits above $51,000 also BTC is up 81%.
- Major crypto tokens are trading at their highest level
- Ethereum (ETH) also skyrockets to $3,932.07.
Cryptocurrency giant Bitcoin (BTC) showing an ultra-bullish sign for the past few months after the crackdown in May. Now, Bitcoin hits above $51,000 also BTC is up 81% from this year’s low of $27,734 on January 4, 2021. It had hit a record of almost $65,000 in April and is up nearly 79% this year.
According to CoinMarketCap, at the time of writing the Bitcoin price is trading at $51,4187.24 with a 24-hour trading volume of $35,871,910,214. However, BTC has increased by 2.57% in the BTC 24 hours.
The above chart clearly shows the upward trend. Following its low price of $30,000 level, BTC has gained momentum along with a series of highs and lows. Similarly, major crypto tokens are trading at their highest level since May.
Accordingly, Ethereum blockchains cryptocurrency Ether also skyrockets 1.16% to $3,932.07 on Sunday. Also at the time time of writing ETH price is trading at $3,907.66. In the past three months, Ether has surged over 40%.
Furthermore, Dogecoin (DOGE) prices risen 4% nearly $0.31 also Cardano (ADA) prices gained almost 2% to $2.89. other cryptocurrencies such as Stellar(XLM), Uniswap (UNI), Litecoin (LTC) also surged for the past 24 hours.
Henceforth, according to an analyst at crypto mining and hardware broker Blockware Solutions, Will Clemente, Bitcoin’s August peak at $50,000 appeared as a key technical and psychological level. Also, Will Clemente noted that there are serious indications of further bullish movement.
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