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Bitcoin breaks above $61,000

Bitcoin breaks above $61,000

The first cryptocurrency hit an all-time high above the $60,000 mark. Then Bitcoin continued to rise, crossing the $61,000 threshold.

The chart below shows that the price surge to new highs is accompanied by a spike in trading volumes. At the time of writing, Bitcoin is trading around $61,300 on Bitstamp. 

Bitcoin breaks above $61,000

30-minute BTC/USD chart on Bitstamp from TradingView.

The rise of digital gold revived the rest of the market. Ethereum approached $2,000, the asset’s 24-hour gain exceeded 11%.

As of writing, here is CoinGecko’s top-10:

Bitcoin breaks above $61,000

Data: CoinGecko.

In February, Elon Musk joined the meme with a reference to Bitcoin at $100,000, setting his Twitter profile picture to an anime girl with glowing red eyes and the Bitcoin logo in the background.

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