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Bitcoin (BTC) Price Downtrend Is Over Now, New ATH Soon?

source-logo  coingape.com 16 May 2024 10:10, UTC

Soon after the release of the US CPI data on Wednesday, the Bitcoin price rallied another 6% surging past $66,000 earlier today. As of press time, BTC is trading at $65,780 with a market cap of $1.295 trillion. Amid today’s move, BTC has given a very crucial breakout above the resistance of $64,000 thus opening the gates to a rally further to new all-time highs.

coingape.com