Leading crypto Bitcoin climbed to $27K Friday, extending its 2023 bullish run amid intensified talks of a $100K price level.
Bitcoin (BTC) has extended its recent bullish momentum, recently hitting $27K for the first time since June last year. On Friday, the dominant digital currency climbed to $27,028, marking a 6.5% increase in 24 hours. This latest 6.5% price spike also saw BTC’s market cap swell within the same period to $549,070,761,254.
However, Bitcoin has sustained marginal retracement since the early European session and is changing hands at just over $26K. Furthermore, despite its initial price surge, the leading crypto’s trading volume experienced a 6.80% drawdown within the same period.
Bitcoin hitting $27K today comes amid concerted efforts to prop up the US bankingRead More »