Volatility hit the market when the Bitcoin community rejoiced its return to $60,000 and the historic milestone. In the last seven days the king-coin has risen by 3.1%, reaching a peak of almost $65,000. BTC, on the other hand, was down 2.27% in the past 24 hours at press time and trading for $62,406.35.
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Bitcoins’ Market Performance and Growth
BTC, according to several analysts, could surpass $70,000. Around five months ago the asset reached its all-time highest level of $73,750. Many analysts believe BTC will surpass this mark soon. BTC is likely to regain its previous peak.
Crypto Wealth Report 2020
In the midst of all this, Crypto Wealth Report 2024 The number of individuals with crypto assets exceeding $1 million has risen by 95%. It is clear that the rise of cryptocurrency wealth does not only affect millionaires. The number of cryptomillionaires increased from 325 to 79%.
With 27 members, the elite club of crypto-billionaires has increased by 27%. With holdings of more than $100 million, Bitcoin centimillionaires have increased to 156. Bitcoin billionaires on the other had an increase of 83% which brings the total number to 11.
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Bitcoins in September 2024
Changelly data indicates that Bitcoin will reach a new high in 2024. The King Coin will reach an all-time high of $72,264.
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It is up 18.71% compared to its previous price. The asset’s price will be mostly bullish for the rest of September.
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Source: watcher.guru