Bitcoin Surges Past $40,000, Fueling Market Growth!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Dec 4, 2023 9:54

Bitcoin soars past the $40,000 mark, fueling a 1.6% surge in the past 24 hours. The digital currency’s current market dominance stands at 49.8%. LUNC and LUNA, two lesser-known cryptocurrencies, have seen the highest gains in the same period, with increases of 34% and 26%, respectively. This latest spike in Bitcoin’s value comes amidst a volatile market and growing interest from institutional investors. As the digital currency continues to gain mainstream acceptance, analysts predict that its value could potentially reach new heights in the coming months.