The price of the first cryptocurrency has reached an all-time high – the rate exceeded $69,000 on the Coinbase exchange. At the moment, Bitcoin jumped to $69,324, but then rolled back. This is evidenced by TradingView data.
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It is worth noting that on the Binance cryptocurrency exchange the Bitcoin rate touched the mark of $69,000. At the time of writing the news, the value of the asset is about $65,800.
The founder of MN Trading, Michael van de Poppe, emphasized that for the first time in history, a new historical maximum price was reached before, and not after, the Bitcoin halving.
NEW ALL-TIME HIGH ON #BITCOIN.
For the first time ever, pre-halving has established a new all-time high on Bitcoin's price action.
Calling for a short-term peak?
—Michaël van de Poppe (@CryptoMichNL) March 5, 2024
What about other cryptocurrencies
Cryptocurrencies with the highest capitalization over the last hour reacted with a fall in price except for Solana. However, after a week, almost everyone showed an increase.
Bitcoin grew by almost 16% in 7 days, Ethereum – by 15.48%, Solana – by 29%, Dogecoin – by 70.18%, Shiba Inu – by 199.87%.