Bitcoin (BTC) Breaks All-Time High – First Time Since November 2021

03/05/2024 22:07
Bitcoin (BTC) Breaks All-Time High – First Time Since November 2021

The Bitcoin price exceeded $60,000, a first since Nov. 2021. The crypto recently traded at $69,000, showing a 9% 24-hour increase.

The Bitcoin (BTC) price has hit $69,000 for the first time since November 10, 2021. The largest crypto by market capitalization recently traded at $69,000, up 9% over the last 24 hours.

Bitcoin has finally broken its all-time high, breaking $69,000. The price briefly broke its previous all-time high set in November 2021. The new all-time high was short-lived, as the price has decreased slightly. However, after 847 days, the price has finally fully recovered.

BTC/USDT price chart all-time high
BTC/USDT Price Chart. Source: Tradingview

At its current price, all BTC holders are currently in profit.

Bitcoin Price Distribution
Bitcoin Price Distribution. Source: IntoTheBlock

Gold Reaches All-Time High on the Same Day

The new all-time high comes on the same day Gold reached an all-time high, too.

Gold Price Chart.
Gold Price Chart. Source: Tradingview

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Ryan Boltman is a dynamic and experienced professional with a rich background in marketing management, business development, and cryptocurrency journalism. With a BCOM in Marketing Management from the University of South Africa and an Honors in Business Management, Ryan has honed his expertise across multiple countries including South Africa, the USA, and the Netherlands. His career includes significant roles in customer success, sales management, and content creation within the blockchain...

Ryan Boltman is a dynamic and experienced professional with a rich background in marketing management, business development, and cryptocurrency journalism. With a BCOM in Marketing Management from the University of South Africa and an Honors in Business Management, Ryan has honed his expertise across multiple countries including South Africa, the USA, and the Netherlands. His career includes significant roles in customer success, sales management, and content creation within the blockchain...

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