Bitcoin is less than 3% away from a new all-time high, while meme coins such as Dogecoin are popping left and right. The cryptocurrency market has increased substantially in the past 24 hours, with its total capitalization reaching $2.5 trillion. This comes on the back of gains across the board. Most notably, BTC’s price soared above $71,000 as the bulls are now eyeing a new all-time high. Bitcoin Bulls Eye All-Time High Bitcoin’s price took off throughout the past 24 hours. What is interesting is that during the past day, 12 hourly candles in a row closed in the green, accelerating the cryptocurrency and pushing it a lot closer to its former all-time high. At the time of this writing, BTC is trading above $71,000, a point last seen in June this year. The buyers seem eager to achieve a new high. This move comes just a few days before the upcoming US Presidential elections, which are scheduled for next week, November 5th. Source: TradingView Although both candidates have shown some supp...
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