August 17, 2022

Bitcoin Breaks $25,000, Sets New All-Time High

1 min read

Bitcoin simply broke $25,000. The digital currency has seen a rise over the Christmas period, setting new record highs.

Bitcoin Hits New High Above $25,000

Bitcoin has hit $25,000. At the time of composing, the digital crypto is trading at $25,376 throughout several exchanges.

Source: TradingView It’s another all-time high price for the initial crypto, which this month made news headings worldwide when it broke $20,000 after much anticipation. That turning point was hit on Dec. 16, which implies Bitcoin has jumped another 25% in the last 10 days.

The new high puts Bitcoin at a market cap just except $470 billion, representing 68% dominance of the cryptocurrency area. According to analytics site Asset Dash, it’s just exceeded Visa’s market cap (at $20,000, it surpassed JP Morgan Chase). It’s now the 11th most significant possession globally, behind giants like Facebook, Apple, Tesla, and Berkshire Hathaway.