Bitcoin Hits $80,000 High as Market Cap Nears $1.6 Trillion

Nov 10, 2024, 05:11 AM

Bitcoin has reached a new all-time high, surpassing $80,000 for the first time. Over the weekend, the cryptocurrency surged through several key price levels, hitting $77,000, $78,000, $79,000, and finally breaking past the $80,000 mark. The price increase of $3,500 in the last 24 hours on a Sunday is particularly notable. Bitcoin is now up 88% year-to-date, and its market capitalization is nearing $1.6 trillion, reflecting significant momentum in the cryptocurrency market. The surge highlights Bitcoin's bullish trend and solidifies its position as the leading digital asset.