Category: NFT News

Crypto Markets Reverse Sharply After Bitcoin Tags $70,000

By Published On: March 8, 20242.9 min readViews: 2390 Comments on Crypto Markets Reverse Sharply After Bitcoin Tags $70,000

Ether briefly topped $4,000 for the first time since December 2021.

Bitcoin broke through its previous record high and traded above $70,000 early Friday.

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The milestone was short-lived, however. BTC dropped from an intraday high of $70,168 to $67,045 in a matter of minutes – highlighting the notorious volatility that characterizes the asset.

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Notwithstanding today’s roller coaster, Bitcoin has been on an unstoppable uptrend, driven by two main events: spot Bitcoin ETFs and the upcoming halving.