Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Data tips on chains Bitcoin to peak at $ 120,000

2025-05-18

Ethereum vs. S&P 500: Despite winning, ETH traders cash in – why?

2025-05-18

Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate Web3 AI-Game Development

    2025-05-18

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin breaks the $73,000 barrier and reaches a new all-time high
Bitcoin

Bitcoin breaks the $73,000 barrier and reaches a new all-time high

2024-10-30No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Bitcoin’s bullish trend continues for another day breaking the $73,000 barrieras different market conditions appear to favor the world’s largest cryptocurrency. According to data, Bitcoin rose 6% to reach $73,544 late Tuesday, the highest market price since March 14. With this latest price increase, Bitcoin’s October gains are up 13%, outperforming the top performers in the S&P with an average gain of 1%.

Related reading

Besides Bitcoin, other top digital assets showed strength, with Ethereum rising 4% and Binance Coin rising 2%. And with significant inflows into Bitcoin ETFs in recent days and the US election just days away, many expect a bigger price increase for Bitcoin.

Bitcoin price crosses the $73,000 level. Source: Coingecko

A Bullish Bitcoin Ahead

Bitcoin’s jump to $73,500 during US trading hours on Tuesday narrowly missed its all-time high on March 14. However, some developments and favorable market conditions can provide a boost Bitcoin to higher highs in the coming days.

First, Bitcoin has finally broken its seven-month downtrend. For weeks, the top crypto has consolidated at just above the $68,000 level, and this stability motivated traders and investors to increase the price.

Bitcoin $BTC
There are numerous ways to determine goals. One variable is whether a semi-logistic or linear scale is used
The 94,000 target is the measured motion of the triangle projected from the breakout level at semi-log
⬇️ 🧵 1/3 pic.twitter.com/VI0n7OAvia

— Peter Brandt (@PeterLBrandt) October 29, 2024

Just this Monday, Bitcoin surpassed the psychological support of $70,000 before getting a bigger boost from ETF inflows and whale trades. Many market analysts, including experienced trader Peter Brandt, set a tie bolder goal: Bitcoin will soon reach $94,00 to $160,000.

See also  Bitcoin follows gold as both rise to their highest values ​​since August

Second, the price movement has liquidated a large number of short positions and effectively breached the selling walls between $65,000 and $71,000. This development created a positive mood, leaving short traders on the edge. Third, industry dominance now stands at 60%, the highest level since March 2021.

Related reading

BTCUSD is trading at $72,342 on the daily chart: TradingView.com

Institutional interest in Bitcoin is rising

The continued large influx into the Bitcoin Exchange Traded Funds approved in January also play a major role in the cryptocurrency’s recent spike. Based on Bernstein’s data, the top BTC ETFs have received billions in inflows from companies and institutional investors in recent months. The total assets under management of these funds already exceed $68 billion as of October 28 and are likely to rise further.

Then, with interest at around $43 billion, there is also an increasing curiosity about crypto futures. This increase in trading volume indicates a positive attitude among traders and demonstrates increased interest from market players.

Source: Polymarkt

All eyes on the American elections

Perhaps the biggest driver of Bitcoin’s price is scheduled for next Tuesday American elections. The price increase coincided with Trump’s increasing chances of winning the presidential election.

Initially a “crypto skeptic,” Republican Trump has emerged as a pro-crypto and Bitcoin candidate, calling for a strategic stockpile of the token for the country.

All these factors have contributed to Bitcoin’s recent price surge and could push the top crypto to new all-time highs.

Featured image of Dall-E, chart from TradingView



Source link

alltime barrier Bitcoin Breaks high Reaches
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Data tips on chains Bitcoin to peak at $ 120,000

2025-05-18

Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

2025-05-18

Bitcoin: This indicator reflects 2024’s Bull Run – will history repeat?

2025-05-18

Bitcoin has to close more than $ 107,000 to confirm the outbreak or the risk of falling to $ 98,000

2025-05-18
Add A Comment

Comments are closed.

Top Posts

Bitcoin Price finds support – but can it flow through $ 90k?

2025-03-27

Pepe: Analyze whether Memecoin $ 0.0000075 can break for a rally of 40%

2025-03-19

Offchain Labs unveils ArbOS 20 Atlas, dramatically reducing transaction fees on arbitrage

2024-03-17
Editors Picks

Elon Musk is investigating the use of blockchain for the doge initiative

2025-01-27

Ethereum Price consolidation in implementation – Return quickly?

2025-02-21

BNB Price Coils at Support – Bounce looks ready to launch

2025-04-30

XRP Price May Rise Soon: Can Bulls Fuel the Rally?

2024-09-23
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Data tips on chains Bitcoin to peak at $ 120,000

Ethereum vs. S&P 500: Despite winning, ETH traders cash in – why?

Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,139.861.80%
  • ethereumEthereum(ETH)$2,433.84-1.75%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.391.07%
  • binancecoinBNB(BNB)$644.390.39%
  • solanaSolana(SOL)$167.830.49%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2259884.49%
  • cardanoCardano(ADA)$0.74-0.06%
  • tronTRON(TRX)$0.263138-2.77%
  • suiSui(SUI)$3.800.73%
  • chainlinkChainlink(LINK)$15.440.54%
  • avalanche-2Avalanche(AVAX)$22.390.48%
  • stellarStellar(XLM)$0.2878530.15%
  • hyperliquidHyperliquid(HYPE)$26.390.51%
  • shiba-inuShiba Inu(SHIB)$0.0000152.90%
  • hedera-hashgraphHedera(HBAR)$0.1941441.11%
  • unus-sed-leoUNUS SED LEO(LEO)$8.72-2.49%
  • bitcoin-cashBitcoin Cash(BCH)$398.460.91%
  • the-open-networkToncoin(TON)$3.07-0.21%
  • litecoinLitecoin(LTC)$99.042.52%
  • polkadotPolkadot(DOT)$4.650.79%
  • moneroMonero(XMR)$338.100.44%
  • bitget-tokenBitget Token(BGB)$5.184.28%
  • pepePepe(PEPE)$0.0000137.93%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.757.21%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.913.00%
  • bittensorBittensor(TAO)$415.92-1.27%
  • aaveAave(AAVE)$223.490.34%
  • nearNEAR Protocol(NEAR)$2.752.07%
  • aptosAptos(APT)$5.07-0.11%
  • okbOKB(OKB)$52.77-0.86%
  • ondo-financeOndo(ONDO)$0.931.24%
  • kaspaKaspa(KAS)$0.1094860.06%
  • internet-computerInternet Computer(ICP)$5.190.34%
  • ethereum-classicEthereum Classic(ETC)$18.200.37%
  • gatechain-tokenGateToken(GT)$21.630.06%
  • crypto-com-chainCronos(CRO)$0.097612-0.45%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.921.43%
  • mantleMantle(MNT)$0.731.15%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2363701.44%
  • vechainVeChain(VET)$0.0282901.72%
  • render-tokenRender(RENDER)$4.560.21%
  • ethenaEthena(ENA)$0.3777437.20%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • algorandAlgorand(ALGO)$0.2217612.34%
  • filecoinFilecoin(FIL)$2.841.53%
  • cosmosCosmos(ATOM)$4.842.21%
  • bitcoinBitcoin(BTC)$105,139.861.80%
  • ethereumEthereum(ETH)$2,433.84-1.75%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.391.07%
  • binancecoinBNB(BNB)$644.390.39%
  • solanaSolana(SOL)$167.830.49%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2259884.49%
  • cardanoCardano(ADA)$0.74-0.06%
  • tronTRON(TRX)$0.263138-2.77%
  • suiSui(SUI)$3.800.73%
  • chainlinkChainlink(LINK)$15.440.54%
  • avalanche-2Avalanche(AVAX)$22.390.48%
  • stellarStellar(XLM)$0.2878530.15%
  • hyperliquidHyperliquid(HYPE)$26.390.51%
  • shiba-inuShiba Inu(SHIB)$0.0000152.90%
  • hedera-hashgraphHedera(HBAR)$0.1941441.11%
  • unus-sed-leoUNUS SED LEO(LEO)$8.72-2.49%
  • bitcoin-cashBitcoin Cash(BCH)$398.460.91%
  • the-open-networkToncoin(TON)$3.07-0.21%
  • litecoinLitecoin(LTC)$99.042.52%
  • polkadotPolkadot(DOT)$4.650.79%
  • moneroMonero(XMR)$338.100.44%
  • bitget-tokenBitget Token(BGB)$5.184.28%
  • pepePepe(PEPE)$0.0000137.93%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.757.21%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.913.00%
  • bittensorBittensor(TAO)$415.92-1.27%
  • aaveAave(AAVE)$223.490.34%
  • nearNEAR Protocol(NEAR)$2.752.07%
  • aptosAptos(APT)$5.07-0.11%
  • okbOKB(OKB)$52.77-0.86%
  • ondo-financeOndo(ONDO)$0.931.24%
  • kaspaKaspa(KAS)$0.1094860.06%
  • internet-computerInternet Computer(ICP)$5.190.34%
  • ethereum-classicEthereum Classic(ETC)$18.200.37%
  • gatechain-tokenGateToken(GT)$21.630.06%
  • crypto-com-chainCronos(CRO)$0.097612-0.45%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.921.43%
  • mantleMantle(MNT)$0.731.15%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2363701.44%
  • vechainVeChain(VET)$0.0282901.72%
  • render-tokenRender(RENDER)$4.560.21%
  • ethenaEthena(ENA)$0.3777437.20%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • algorandAlgorand(ALGO)$0.2217612.34%
  • filecoinFilecoin(FIL)$2.841.53%
  • cosmosCosmos(ATOM)$4.842.21%