Bitcoin Touched $68K For New All-Time High While ADA Soars 12%


Bitcoin touched $68K for the first time In its new all-time high while ADA soared 12% over the past 24 hours as we are reading more in our latest Bitcoin news today.

The entire crypto market cap saw a new record as both ETH and BTC charted new highs with ADA soared by 12% in the past 24hours. Bitcoin managed to get to a new high in less than three weeks of $67,000 and set a new one of $69,000 and Ethereum followed suit while painting a new high as well. Cardano gained a new high well as it increased 12% overnight. Three days ago the main cryptocurrency struggled at around $60,000 and the community wondered if that will remain above this level for longer. A lot can change on the market for the next few days as instead of dipping below $60,000 BTC went on the offensive and started increasing fast.

BTCUSD. Source TradingView

Bitcoin touched $68K after it surged by a few thousand dollars and reached a new high of $66,000 previously and got inches away from breaking a new record at $67,000 so after spending time below this line, it finally charted a new peak at $68,000. BTC retraced by a few hundred dollars but the market cap is just shy of $1.3 trillion with the dominance over the altcoins increased a little to 43.7%. The second-biggest crypto also saw a new record high in the past day and a few days ago, ETH dipped below $4500 with the bulls stepping up and pushing it north again. The latest price rise resulted in ETH hitting $4860 which became the new ATH.

crypto market
Cryptocurrency Market Overview. Source Quantify Crypto

Solana, Ripple, Binance coin, and Polkadot are up as well with Terra and Shiba Inu adding around 4% of the value. Cardano surged the most out of the top 10 coins with a 12% increase to $2.3. Litecoin surged by 19% in one day but DOGE and AVAX dropped slightly. Further gains were seen from the Basic Attention token as It increased by 23%, Loopring by 39%, Livepeer by 56%, Helium by 23%, Vechain by 13%, The Graph by 10%, and Curve DAO by 11%. The data from CoinGecko shows that the crypto market cap saw a new record as well, hitting $3.1 trillion.

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