Bitcoin

Gains

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-surpasses-71000-and-inspires-altcoin-surge/" data-wpel-link="internal">Bitcoin Price Surpasses $71,000 and Inspires Altcoin Surge</a><br></p>
<p style="text-align: justify"><strong>BTC price</strong> surpassed $71,000 yesterday and reached $71,379 today, opening new peaks for altcoins. Cryptocurrencies like BNB, SOL, and SHIB saw rapid increases. Gains reached up to 8%, and if BTC maintains its strength, new ATH levels are possible. So, what are the latest predictions?</p> 
<h2 style="text-align: justify" id="bitcoin-btc">Bitcoin (BTC)</h2> 
<p style="text-align: justify">Yesterday’s JOLTS data favored <strong>Bitcoin</strong> price, which we reported as <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">breaking news</a>. At that time, the price exceeded $69,700 and continued to rise. Moreover, higher closing levels increased the risk appetite of altcoin <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>. Under current conditions, if Friday’s Non-Farm Payroll data is also positive, investors could see significant gains after a long time.</p> 
<p style="text-align: justify">In the first quarter, investors focused on profit-taking during interim rises following parabolic rallies. However, a strong comeback similar to the first quarter seems to have begun.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-359450 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/BTCUSDT_2024-06-05_15-08-19.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">The key level for Bitcoin is $71,700, and with closings above this, the all-time high of $73,777 will be targeted. If the ATH level is broken, peaks above $80,000 could be opened. Investors should focus on the key support area of $70,300.</p> 
<h2 style="text-align: justify" id="ethereum-eth">Ethereum (ETH)</h2> 
<p style="text-align: justify">After a sharp decline from the peak in March, ETH has now turned upwards with the <strong>ETH ETF</strong> approval. Holding the support at $3,737, <strong><a href="https://en.coin-turk.com/increased-interest-in-binances-beth/" data-wpel-link="internal">Ethereum</a></strong> (<strong>ETH</strong>) targets the barrier at $4,093. For the journey to $5,000 to accelerate, this level must be reclaimed as support with weekly closings above it.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-359451 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/ETHUSDT_2024-06-05_15-08-35.png" alt="" width="1815" height="836"></p> 
<h2 style="text-align: justify" id="binance-coin-bnb">Binance Coin (BNB)</h2> 
<p style="text-align: justify">After much anticipation, BNB reached its ATH level. For months, we have been writing about how eager <strong>BNB Coin</strong> bulls are for a new all-time high. The resistance level of $635 was surpassed on the third attempt, and now the price is at the $700 mark. Now, the <strong>BNB Coin price</strong> is setting the highest price of all time.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-359452 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/BNBUSDT_2024-06-05_15-13-53.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">In November, the exchange, which reached an agreement with the US, did not experience a major bank run and continued to grow its reserves. Network activity increased exponentially, encouraging investors to accumulate more BNB Coin.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-price-surpasses-71000-and-inspires-altcoin-surge/" data-wpel-link="internal">Bitcoin Price Surpasses $71,000 and Inspires Altcoin Surge</a></h5>

Bitcoin Price Surpasses $71,000 and Inspires Altcoin Surge

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