Bitcoin Broke A New Record

Bitcoin broke a new record on November 9. The leading cryptocurrency Bitcoin (BTC) has reached above $ 68 thousand.

Bitcoin (BTC), the largest cryptocurrency, has set a new record by rising above $ 68 thousand with the rally reflected in the general cryptocurrencies. According to a technical strategy report published by Fundstrat, crypto markets could make a final rise in the fourth quarter before starting to consolidate for next year. Bitcoin reached almost $67K on October 20, equaling the record set in April. The fact that ProShares' Bitcoin futures-based exchange-traded fund reached $ 1.2 billion in volume at the opening also played a big role in the record in October. Bitcoin had dropped below $30,000 in mid-July, with a gradual decline after its record high in April. The largest cryptocurrency, which subsequently rose again, experienced a slight withdrawal after breaking a record on October 20. Ethereum also broke the record with its rise in recent days. Ethereum, which was around $ 3 thousand at the beginning of October, climbed over $ 4,800 with an increase of more than 50 percent.