Bitcoin Hits $60,000 As Price Soars 24% in a Week

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Ending weeks of stagnancy, Bitcoin today shot up in price, hitting new all-time highs of $60,000.
This is about $1,750 higher than Bitcoin’s previous all-time high, $58,258, which the coin set on Sunday, February 21. Following that record, Bitcoin crashed to lows of $46,437 on February 23 and then to $43,527 on February 28.
Then Bitcoin came back swinging. At $60,000, its market cap hit $1.1 trillion. The coin’s price has increased by 23% in the past week and 5% in the past 24 hours.
Bitcoin has brought other coins along for its ride to the top, too. Ethereum is worth $1,843, up 17% in the past week. Binance Coin, or BNB, is up 21.8% in the past week. And Polkadot is up by 12%. Source