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Ethereum
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$1,943.12 2.40035
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BNB
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$628.01 4.00201
BNB price
Solana
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$129.20 -0.00519
Solana price
XRP
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$2.36 1.55174
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Shiba Inu
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$0.0000131 -3.58537
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Pepe
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$0.0000073 10.06178
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Bonk
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$0.0000112 5.71298
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dogwifhat
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Bitcoin
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Ethereum
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$1,943.12 2.40035
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BNB
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$628.01 4.00201
BNB price
Solana
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$129.20 -0.00519
Solana price
XRP
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Shiba Inu
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Pepe
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Bonk
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dogwifhat
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Bitcoin
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$84,203.00 0.4419
Bitcoin price
Ethereum
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$1,943.12 2.40035
Ethereum price
BNB
BNB (BNB)
$628.01 4.00201
BNB price
Solana
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$129.20 -0.00519
Solana price
XRP
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$2.36 1.55174
XRP price
Shiba Inu
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$0.0000131 -3.58537
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000073 10.06178
Pepe price
Bonk
Bonk (BONK)
$0.0000112 5.71298
Bonk price
dogwifhat
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Popcat
Popcat (POPCAT)
$0.201379 7.37186
Popcat price

Bitcoin nears all-time high as daily trading volume rises 70%

Brian Stone
Edited by
Markets
Bitcoin nears all-time high as daily trading volume rises 70%

Bitcoin is up by over 4% today as the largest cryptocurrency nears its all-time high after a month. 

After dipping below $66,000 following wider liquidations in the crypto market, BTC made a strong comeback this week, driven by nearly $570 million total net flow in Bitcoin ETFs last week. On Thursday and Friday, Bitcoin ETFs consecutively saw more than $200 million in net inflows. 

Market sentiment is also highly positive, as the fourth halving is approaching later this month. The anticipation has been further driven by the halving of Bitcoin Cash (BCH), a fork of the Bitcoin network. The token’s latest halving saw its value surge by 10%, as BCH increased nearly 60% in March. 

Traders and analysts expect a similar impact on BTC after its upcoming halving. Industry experts like SkyBridge Capital’s Anthony Scaramucci recently predicted BTC would reach $170,000 in the post-halving bullish cycle.

Bitcoin’s daily trading volume is also up by 70% today. The largest cryptocurrency reached its previous all-time high a month ago, hitting $73,737. If the market sentiment prevails, BTC can create a new peak this month.