In recent years, people have turned to other possibilities to save. One of the most famous has been to store value in cryptocurrencies, although especially in Bitcoin, which is the most reliable and the best known around the world.
Given this scenario, in the last few hours, people who own this cryptocurrency have received good news, since Bitcoin It raised its price again, reaching its highest price in two weeks after a couple of days of decline that made more than one person’s hair stand on end.
It should be remembered that this happens when fungible tokens based on Bitcoin, such as ORDI and DOG, are rising in price, reflecting growing interest in BTC meme coins. In this way, the leading cryptocurrency surpassed the $71,000 mark on Tuesday reaching $71,042, so it has a current price of $70,885.
With this new price, Bitcoin It has risen more than 2% on the day, so it takes a 30-day increase to 10%. At the same time, standards are seeing much bigger gains lately, including ORDI, a token that had stalled in recent months. For example, the latter is up almost 16% on the day with a current price just below $54.
Bitcoin’s moment
On the other hand, Mathew McDermott, global head of digital assets at Goldman Sachs, referred to the present of the most popular cryptocurrency in the world by stating: “The bitcoin ETF has obviously been an amazing success. Thus, the Bitcoin has surged sharply through 2024, rising 60% since the approval of a series of spot bitcoin ETFs in January.”
Along the same lines, the digital asset expert was clear in his message when he stated: “That is enormously powerful. As you get clarity on regulations, more people come in on the sell side and start showing the viability of the on-chain marketplace. “Then you can start developing and leveraging these other asset classes where the value proposition is probably great.”
