Open Demo Account
Home / Market Update / Cryptocurrency / Bitcoin Surges Above $57,000 Nearing its All-Time Record High

Bitcoin Surges Above $57,000 Nearing its All-Time Record High

M. Ali 12 March, 2021 3:03 am Cryptocurrency, Market Update

Bitcoin rose on Thursday by more than 2%, amid expectations that increased stimulus spending in the United States could help raise demand for the world’s largest cryptocurrency in terms of market capitalization.

The digital currency is re-approaching its all-time high of $58,350, which it reached on February 21.

Bitcoin is trading higher for the day by about 2.05% at $57,965.08, extending its gains over the past seven days to about 19.77%.

Year-to-date (YTD), Bitcoin has surged by more than 97%, as it started 2021 below $30,000

Tags

Check Also

Bitcoin Slips in Asia as CPI Uncertainty and Geopolitical Risks Dampen Risk Appetite

Bitcoin edged lower in Asian trading on Tuesday, underperforming equity markets as investors remained cautious …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends