Bitcoin Sets New All-Time High Breaking $67K Barrier

On Monday evening, Bitcoin set another record breaking through the $67 thousand dollar threshold.

On Monday evening, Bitcoin set another record breaking through the $67 thousand dollar threshold, up nearly 3.5 percent over the past 24 hours per the screen image below from CoinMarketCap.com. 

During the past several weeks, the cryptocurrency markets have been showing consistent strength as the prices for many crypto projects have been generating double-digits and heavy trading volume. In fact, CoinGecko shows the global cryptocurrency market continues to be trading above a collective $3 trillion market cap, while CoinMarketCap pegs it at $2.92 trillion. 

On The Flipside

  • Nof financial advice, but all signs – technical, fundamental, and sentiment – suggest big gains ahead. 

Why You Should Care?

Always do your own research and macro factors could have a negative impact, but several cryptocurrencies could see significant, parabolic valuations before the end of the year.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tor Constantino

Tor Constantino is a former journalist, consultant and current corporate comms executive with an MBA degree and 25+ years of experience - writing about cryptocurrencies and blockchain since 2017. His writing has appeared across the web on Entrepreneur, Forbes, Fortune, CEOWorld and Yahoo!. Tor's views are his own and do not reflect those of his current employer.