Bitcoin Soars 7%, Surpasses $70,000 Mark as Investors Seize Opportunities and Re-embrace Risk — TradingView News
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The OG token is displaying its resilience once again. Will it surpass the $73,000 peak before the quarter ends?
Essential Highlights:
- Bitcoin surges by 7% to crest $70K.
- Aimed at concluding a robust quarter.
- Anticipation around BTC halving keeps traders alert.
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Bitcoin
BTCUSD
makes an over 7% leap in the last 24 hours, taking the token’s value above the $70,000 mark. A renewed zest for risk assets propels traders to catch the dips at the commencement of the week. BTC’s market capitalization now hovers around $1.4 trillion. - Cryptocurrencies are set to round off an exceptional quarter, with Bitcoin reaching a fresh all-time high of $73,000 earlier in the month. Furthermore, the US regulatory authority, the Securities and Exchange Commission, has approved 11 Bitcoin spot ETFs, setting the stage for a major shift in investment strategies.
- Looking forward, this April promises to be a pivotal month for the premier cryptocurrency. Global digital asset communities are bracing for the much-anticipated Bitcoin halving event. This event, which will cut the mining reward for Bitcoin in half, could trigger increased market volatility well in advance of the expected halving date on April 19.
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