At 1xBit, we are incredibly pleased with the news of the NBA 2021 – 2022 schedule returning to normal. For too long have we endured postponed matches and an increased number of restrictions, but there appears some light at the end of the tunnel. With the off-season at its end and training camps set to begin soon, there is an air of almost electrifying excitement everywhere as basketball fans rejoice to experience a relatively normal season of basketball.
Shortly after peaking at $68,770 on Wednesday, which pulled the cryptocurrency market cap past $3 trillion for the first time, the price of Bitcoin dropped to the $63,000 level in a somewhat dramatic fashion. As is usually the case when short-term volatility shows its teeth, a cascade of liquidations saw more than $500 million worth of ‘longs’ erased from the order books.
The historic cryptocurrency market bull run is in full swing and shows no signs of slowing down. The cumulative value of more than 10,000 digital assets we list at CoinCheckup has reached $2.93 trillion on the heels of Bitcoin’s 6% price increase and broader altcoin surge led by Ethereum.
A billionaire entrepreneur and venture capitalist Peter Thiel feels he has “underinvested” in Bitcoin. When interviewed at an event hosted by policy brain-trust Lincoln Network on Wednesday, Thiel revealed his stance on the world’s largest crypto and called out central banks for essentially being bankrupt.
Do you get jealous of the people who invested in bitcoin in one year, two years, or a few years ago? Don’t be afraid to admit it. Those who entered the market early usually find their pocket full of money with bitcoin hitting ATHs again and again.
After a little over six months, Bitcoin has reached a new peak. The world’s largest cryptocurrency has managed to break the previous ATH set on April 14, and climbed above the $65K mark for the first time in its history.
Are you wondering about how the market has changed since Bitcoin last hit $60K in mid-April? We’re taking a look at historical market data to see what has changed in the last six months.
Bitcoin has just surpassed the psychological $60,000 level for the first time since April. In the eleven-year-long history of Bitcoin, the world’s largest crypto has spent only 7 days, or 0.18% of its total existance, above this monumental level.
Bulls had the upper hand over the last 24 hours of trading activity in the cryptocurrency market. The total market capitalization has grown past $2.4 trillion, which is the highest value since mid-May. As such, it is not surprising that only 7 out of 100 largest cryptocurrencies by market cap are trading in the red zone. Here is a quick recap of today’s main market moves.