People & Money

Bitcoin climbs to a 2022 high as $48k is breached

The price of Bitcoin has risen for the seventh consecutive day, up 12 per cent in the last week to just under $47,500 this morning. Bitcoin peaked north of $48,000 overnight, climbing above its 2022 price record.

The crypto markets today continue their upward march, rising resoundingly above $2 trillion to the highest levels since January.

The price of Bitcoin has risen for the seventh consecutive day, up 12 per cent in the last week to just under $47,500 this morning. Bitcoin peaked north of $48,000 overnight, climbing above its 2022 price record.

Also Read: $100K Bitcoin? Hope & Caution in 2022

Elsewhere, other major cryptocurrencies have also seen further gains over the past 24 hours. The price of Ether, the second-largest cryptocurrency, is currently $3,405 – a roughly 2.5 per cent increase since yesterday morning. The positive price momentum comes even as equity markets remain flat amid ongoing macroeconomic uncertainty, while Gold is down. The tech focused Nasdaq index climbed slightly yesterday, while the FTSE 100 index in London opened 0.8 per cent up.

This article was culled from cityam.com

Related Articles

Back to top button
Arbiterz

Subscribe to our newsletter!

newsletter

Stay up to date with our latest news and articles.
We promise not to spam you!

You have successfully subscribed to our newsletter

There was an error while trying to send your request. Please try again.

Arbiterz will use the information you provide on this form to be in touch with you and to provide updates and marketing.