"Crypto natives have proven to be very resilient," one analyst said.
Bitcoin made a fresh all-time high after breaking above $60K and ending three months of consolidation. Next resistance around $68K-$70K.
For all of 2020, bitcoin rose 305%.
Less than two months into 2021, the price of bitcoin has risen 95.4%.
There are still several psychological barriers for bitcoin to break, even as it passed a key milestone of $1 trillion in market capitalization.
Bitcoin's price is in uncharted territory while its volatility remains high.
The record comes as traders analysts have described institutional investors’ interest in bitcoin as growing “at a staggering pace.”
That Tesla has invested in bitcoin is an announcement the market had long sought to hear.
Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.
While we haven’t achieved the elusive $20,000 spot price all-time high yet, these other metrics show where bitcoin has grown far beyond previous peaks.
Dogecoin has set all-time high after a long period of stagnation. Yet the joke currency's founder worries the rally is a sign of market excess.
Ethereum hit a new all-time high of $955 on Wednesday, just a day after it saw $900.