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Bitcoin News

Bitcoin Nears All-Time High, Surpasses $65,000 Milestone

Bitcoin's market capitalization stands at $1.29 trillion, with a 24-hour trading volume of $41.8 billion.

Written By:
Dishita Malvania

Last updated: March 6, 2024 12:15 PM
Published 2024-03-04
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Bitcoin Nears All-Time High, Surpasses $65,000 Milestone

The price of Bitcoin surpassed the $65,000 milestone on Monday during the early hours of the European morning, edging nearer to its all-time high of $69,000 recorded in November 2021.

Currently, Bitcoin is trading at $65,388.6 with a one-hour liquidation total of $12.36 million, while Ethereum, priced at $3,531.01, has a liquidation value of around $2.6 million within the same timeframe.

Bitcoin’s liquidation amounted to $80.91 million, while Ethereum’s reached $31.05 million in the past 24 hours.

Over the last day, 90,352 traders experienced liquidation, resulting in a total of $255.59 million in liquidated assets.

Bitcoin Market Cap Chart
Image Source: CoinMarketCap (Bitcoin’s Market Cap in 24 hours)

According to CoinMarketCap, Bitcoin’s price surged by approximately 5.8% in the last 24 hours, while Ethereum experienced a 3.6% increase. Bitcoin’s market cap even surpassed $1.3 trillion, with a 24-hour trading volume of $41.8 billion.

Also Read: Bitcoin NFTs Surpass Ethereum in Weekly Sales Surge

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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