New Bitcoin ATH of $ 67K as ETFs live

Veröffentlicht:

Von:

to say that the last week was exciting would be a serious understatement. Bitcoin reached a brand new all-time high with around 67,000, we saw the approval of the very first Futures-BTC ETF in the USA, a massive flash crash at Binanceus and a correction towards $ 60,000. Let's dive.

Starting with Bitcoin. The prize was traded by $ 62,000 last week at this time and even briefly fell below $ 60,000 on Monday. However, the market was driven up from then on, and this New all-time high of around $ 67,000. It was a big event for the community - BTC took exactly 6 months and 6 days to reach a new highlight.

This happened on the wings of some huge news. The SEC approved the very first futures-supported Bitcoin ETF with the Tick Bito. On the opening day on Tuesday, the product was via 1> 1> 1 Billion US dollar trade volume , which makes him one of the most successful ETF starts in history. In the meantime we also saw a flash-falling BTC sank to around $ 8.2,000 in a second before recovering. It also happened on other stock exchanges, but not with this severity.

Since its high, the price of Bitcoin has been shaky and, maybe something expected, fell back towards $ 60,000. This could be regarded as a healthy correction, since there have been no real adjustments in the past few weeks.

Altcoins also followed to a certain extent. Solana and Ethereum literally got a few dollars away from marking new all -time highs.

It is very exciting to see how the market will prevail. As we recently , remains The overall trend of bullish, but it is also important to be very careful at short notice, since such corrections tend to take place and shake out weak hands.

market data

market capitalization: $ 2.644t | 24 volume: $ 156 billion | BTC dominance: 43.7%

BTC: 61.272 $ (+6.7%) | ETH: $ 3,987 (+5%) | Ada: $ 2.15 (-0.9 %)