The price of Bitcoin (BTC) has broken another All-Time High (ATH), touching $93,826.60 in late trading. The coin achieved this new milestone after a sustained consolidation trend over the past week. The premier coin rallied by 3.33% to achieve this ATH in the past 24 hours.
Bitcoin Price And Key Growth Triggers
Since the start of November, Bitcoin price has recorded multiple ATHs. However, the growth is linear as BTC first topped $85,000 ATH before crossing the $91,000 psychological level. The coin reversed its trend from this level and fell back to the $86,000 range as investors took profits.
The latest price rally to $93,000 is complemented by the 7.31% in trading volume, now pegged at $73.66 billion. In the past 24 hours, BTC price has traded within a narrow range from a low of $89,765.24 to a high of $93,826. With Bitcoin now in active discovery mode, it remains unknown how high the coin will grow.
This is a developing story, please check back for updates!!!
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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