BREAKING NEWS: Bitcoin marks another All-Time High record above $41,000

InstaSwap
2 min readJan 8, 2021

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Bitcoin seems to walk on the same road along with the total market capitalization as both are breaking new records making this day special

Bitcoin is not willing to stop and it will not stop surprising the Cryptocurrency industry as it counts almost 11 consecutive days in the “Green Zone” breaking All-Time High records day after day.

This time, the world’s largest cryptocurrency breached over $41,000 and topped at $41,722 while the total market capitalization hit a historical milestone surpassing $1 Trillion.

Bitcoin shows its dominance above all

New Year could not start in a better way with Bitcoin increasing its value on a daily basis. After its last “remarkable” drop below $29,000, the primary cryptocurrency shows no signals of slowing down bringing on the table fresh ATH records with experts believe that the crypto industry will meet $50K sooner than the expected time.

Next resistance lines before $42,000 zone: $41,600/$41,750/$41,900

Total Market Cap above $1 Trillion while some altcoins mark double digit gains

Almost every single alternative coin goes “green” pushing the total market cap above 1$ Trillion and marking a massive milestone for the crypto industry.

Who else would be responsible for such gains than Bitcoin?

As Bitcoin grows, alternative coins are following their leader on the road to success and this time most of the assets mimicked BTC’s current upwards momentum with some of them having double digit gains.

To be more specific, the world’s second largest coin, Ethereum increased the price by 7% jumping above $1,100 while Ripple (XRP) marked almost 30% gains, leading the price to $0.30.

Litecoin and Binance Coin surged by 3.5% and 6% respectively.

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InstaSwap
InstaSwap

Written by InstaSwap

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