Bitcoin on the Verge of New High: Will It Break $103K?

Bitcoin is within a hair’s breadth of making history! It is currently trading at $101,935.76, which is 1.4% away from breaking its all-time high of $103,679 reached just 10 days ago on December 5, 2024. 

If it manages to reach that mark, Bitcoin will once again consolidate its position in the fast-changing world of cryptocurrency.

The market cap stands at a whopping $2.01 trillion with 24-hour trading volume standing at an impressive $38.57 billion. 

Clearly, with such numbers, Bitcoin remains one of the hottest issues on the block today with interest in the digital currency steadily growing.

Just to give an idea, in 2013, Bitcoin cost $67.81. The prices have jumped 150,227.41% since then. It can, however, go far from there.

In the meantime, since this will be Bitcoin’s second record-breaker at a new milestone, it’s the best moment when this atmosphere, or say, the excitement around crypto markets is the greatest and when even investors have got themselves in breath wondering as if how high it would take for the sky!

Also Read: Thailand to Accept Bitcoin, Boosting Crypto Tourism Globally