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Bitcoin Price Breaks Another All-time High Surpassing $67K

Andrew Throuvalas Nov 9, 2021 00:02
Bitcoin broke its all-time high from April just last month. Now it breaks the high set in October, surpassing the $67K mark
  • Yesterday, Bitcoin’s price surged past $65k and consolidated just below the previous all-time high set on October 20, 2021.
  • Moments ago, the primary cryptocurrency took off and as of writing these lines, the BTC price recorded a new all-time high above $67.8K, according to Bitstamp exchange.
  • This comes shortly after the total cryptocurrency market cap crossed the $3 trillion milestone for the first time, whereas Bitcoin’s market cap is entitled for 43.6% of it.
  • Furthermore, Ethereum – the second-largest cryptocurrency by market cap – continues to break new highs. It currently trades above $4800 per ETH, with almost half of Bitcoin’s total market cap, according to CoinGecko.
  • Currently, the cryptocurrency’s market cap appears poised to overtake silver’s market cap. At $1.27 trillion, it is less than 10% away from silver’s $1.36 trillion.
BTC/USD , Bitstamp. Chart by TradingView.
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Andrew Throuvalas

Andrew is content writer with a passion for Bitcoin. He became familiar with Bitcoin back in 2013, but began diligently studying the blockchain technology and its economic implications in 2017. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide. Contact: Medium | LinkedIn | Twitter

Tags: BitcoinBitcoin (BTC) Price

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