Explorer

Bitcoin Surges Past $64,000: 3 Factors That Are Driving This Rally. Here’s What Investors Keep In Mind

The surge in Bitcoin's value has largely been attributed to substantial investments pouring into 10 spot Bitcoin ETFs.

Bitcoin continued its winning streak soaring past the $64,000 mark, reaching its highest point since November 2021. This surge represents a remarkable gain of over 20 per cent within the week, contributing to a staggering year-to-date increase of more than 50 per cent. According to IntoTheBlock, more than 95 per cent of Bitcoin’s circulating supply is in profit. At the present moment, Bitcoin is actively trading at the $61,000 level, with a keen eye on the $65,000 milestone. If the current
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Anti-Israel Protests In Kashmir, Ladakh After Killing Of Hezbollah’s Nasrallah; Children Join March In Budgam
Anti-Israel Protests In Kashmir, Ladakh After Killing Of Hezbollah’s Nasrallah; Children Join March In Budgam
Justice Manmohan Takes Oath As Chief Justice Of Delhi High Court
Justice Manmohan Takes Oath As Chief Justice Of Delhi High Court
PM Modi Dials Mallikarjun Kharge After Congress President's Health Deteriorates At Jammu Rally
PM Modi Dials Mallikarjun Kharge After Congress President's Health Deteriorates At Jammu Rally
Congress Chief Kharge's Health Deteriorates During Rally In J-K, Says 'Will Stay Alive Till Modi...' — WATCH
Kharge's Health Deteriorates During Rally In J-K, Says 'Will Stay Alive Till Modi...' — WATCH
Advertisement
ABP Premium

Videos

Israel Hezbollah War: Major Protests Erupt in India Following Hassan Nasrallah's DeathHezbollah Appoints New Leader: Hachem Safieddine Takes Charge Following Hassan Nasrallah's DeathIsrael-Hezbollah War: Israel Takes Major Action Post Hassan Nasrallah's Death | ABP NewsNepal News: Heavy Floods And Rainfall Wrecks Havoc, Leaves More Than 100 Dead | ABP News

Photo Gallery

Embed widget