Rally

Silver

Spot

Coin

<ul class="news-points">
 <li>Bitcoin nears an all-time high, trading at $67,980 with a 20.6% weekly surge.</li>
 <li>BTC’s market cap exceeds $1.3 trillion, surpassing Meta Platforms and silver.</li>
 <li>Spot ETFs and global trading volume booms signal strong Bitcoin market confidence.</li>
</ul>
The crypto market is experiencing a noticeable increase as <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> is inching closer to surpassing its highest peak. The cryptocurrency posted a steep rally that saw it hit $68,800 before pulling back to $67,373, representing a 24-hour rise of 5.6% and a huge 19.6% over the week, as per CoinStats data.&nbsp;
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/rjTOJme_JWoWTZ4O2yu2Mkrw--4IpWX2gcP9h1cIn4ycM5Bsq9S8rDAAo-yKtKIS-XsVEnJlRG70YdlzcfzdvDA2rqvsTNa0VhuANFB7Pm-j-by2zjeLaCxnQb607VHc-aBo7V1uFsH4nfNeHLVcUSY" alt="">
 <figcaption class="wp-element-caption">BTC/USD 7-day Price Chart (source: <a href="https://coinstats.app/coins/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinStats</a>)
 </figcaption>
 </figure>
</div>
This rise brought Bitcoin close to its all-time high figure of $69,045, which was recorded in November 2021, therefore triggering talks on market dynamics and the trajectory the cryptocurrency may follow in the future.
<h2 class="wp-block-heading" id="h-market-dynamics-and-capital-inflow">Market Dynamics and Capital Inflow</h2>
The past few weeks have been significant for Bitcoin, which has reported an increase in investment, particularly in Bitcoin funds listed in the U.S.
Valued at more than $1.3 trillion now, the market capitalization of Bitcoin boosts its level to the eighth most valuable asset and is even higher than that of Meta Pl…
The post <a href="https://coinedition.com/bitcoin-btc-bull-rally-flips-silver-by-market-cap-is-an-ath-looming-for-btc/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Bull Rally Flips Silver by Market Cap, Is an ATH Looming for BTC?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin (BTC) Bull Rally Flips Silver by Market Cap, Is an ATH Looming for BTC?

Table of Contents

Coin Edition

Other articles published on Mar 5, 2024

Bitcoin’s Surge and Potential Pullback: A Market Update

Bitcoin (BTC) Whale Withdraws 6,660 BTC from Major Exchange

Whale Trading Prompts L2 Coins Market Movement

Experience Canine Cuisine Innovation: AI Dog Food Vending Hits Finland

Indonesia’s Ministry of Finance Urged To Review Crypto Tax Policy

US Supreme Court case could change crypto industry regulation

Join our free newsletter for daily crypto updates!