Bitcoin: The primary Cryptocurrency keeps going further north and sets a new All-Time High above $24,000

InstaSwap
2 min readDec 21, 2020

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Bitcoin is on its best performance period breaking 2 new All-Time High records in less than 24 hours sky-rocketing at $24,200.

Bitcoin keeps increasing its value on a nonstop rhythm having gains of almost 30% since the past week. Three days ago, everybody was convinced that the coin is not going to break above $20,000 and mark a new All-Time High.

Nevertheless, the asset not only surpassed $20K but it also kept going further north topping at $24,200 and marking another new record in less than 24 hours for the first time in history but Bitcoin could not maintain the price and retraced at $23,500.

Credits to CoinBasePro

What is important to notice is the total Market Cap as it currently remains the green side while most of the largest altcoins push the total capitalization on top marking some interesting increases.

However, nothing of these would happen if Bitcoin was not performing the way it does today, and that can be seen from the rest Alternative coins reaction. Whenever Bitcoin increases its value, most of the altcoins are following their King and the opposite.

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InstaSwap
InstaSwap

Written by InstaSwap

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