Bitcoin Stopped Growing at $60K After Five Good Days
Bitcoin grew steadily but suddenly stopped at $60,000 and even went a bit down. At the time this material was written, it cost about $59,000. It made pretty good progress growing from $50,427 within five days.
$600 millions were liquidated from the market in literal minutes. This made Bitcoin lose almost 3% of its value in an hour. Earlier, Bitcoin hit an ATH of $61,000. Now it needs to gain 7% more to hit a new record.
Anyway, the total market capitalization is ten times higher than it was a year ago, and it’s definitely booming. Crypto Fear & Greed Index shows that buyers won’t stop expecting the Bitcoin’s price to grow.