Bitcoin (BTC) is Above $53,000 Again After 26 Months!

With its latest rise, Bitcoin rose above $53,000 again after many years.

BTC, which gradually fell after its peak of $ 69,000 in 2021, dropped to $ 15,000 in December 2022.

BTC, which has become stronger with the approval of spot Bitcoin ETFs in the past months, increased its momentum at this point and rose to $ 53,650 levels during the day.

Currently, the biggest obstacle for Bitcoin is seen as the $57.00 and $59,400 levels.

Bitcoin 1 day chart

While BTC’s market dominance was 51.1%, altcoins also moved upwards after this rise.

Ethereum, the largest altcoin, surpassed the $ 3150 level with a daily increase of 3.5 percent.

When we look at the fear and greed index, it is seen that it is in the Greed position with 72 points.

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Source: https://en.bitcoinsistemi.com/bitcoin-btc-is-above-53000-again-after-26-months/