Bitcoin To Hit New All-Time High in October 2024, Analyst
The cryptocurrency market has been on a roller coaster ride lately. Bitcoin (BTC) has struggled to maintain its position over the $60,000 mark. The last seven days, however, have played out positively for the king coin as it surged by over 7% and managed to rise to a high value of $61,000. BTC traded at $60,372 at press time, with a nearly 4% surge over the last 24 hours. Also Read: Ethereum’s Buterin L2 Standard Says Most Network’s are Stage 0 Bitcoin’s Recent Performance And Future Predictions Source Despite its latest surge, Bitcoin traded 18% below its all-time high. The world’s largest cryptocurrency hit a peak of $73,750 about six months ago in March 2024. BTC has made some increased efforts to reclaim this zone. But the bearish force was clearly stronger. Even though several experts were bullish about the asset hitting a new high this month, a prominent analyst predicted a new timeline for this event. Also Read: Brian Armstrong Shuts Down Coinbase (Paper Bitcoin) Rumors Can Bitc...