In the early hours of Saturday, November 9, the price of the leading cryptocurrency reached a new all-time high of $77,199.
At the time of writing, Bitcoin is trading at $76,400.
Meanwhile, Ethereum’s price has exceeded $3,000 for the first time since early August.
Following Bitcoin, other digital assets in the top 10 by market capitalization also entered the “green zone.” Over the past week, Dogecoin (+28.2%), Cardano (+22.1%), Ethereum (+20.5%), and Solana (+20%) have seen the most significant gains.
The total market capitalization of digital assets stands at $2.73 trillion. Bitcoin’s dominance index is 59.3%.
According to Coinglass, the total volume of liquidated positions over the past day amounted to $229 million, with $124 million in shorts.
On Wednesday, November 6, Bitcoin’s price reached a new all-time high of $75,000. The following day, the digital gold held above $76,000 amid another rate cut by the Fed.
Analysts at Galaxy Digital have dismissed “signs of overheating” in Bitcoin after its repeated all-time high updates.