Bitcoin price hit a new all-time high on Saturday morning, hitting $ 60,120 per unit around 6:25 a.m. ET. Bitcoin now has a market valuation of $ 1.12 trillion and a dominance level of around 61.9%, while Ethereum now accounts for nearly 12% of the $ 1.70 trillion capitalization of all 8,792 digital assets in the crypto economy.
- The price of Bitcoin (BTC) once again reached a new lifetime high of USD 60,120 per BTC on Sunday, March 13, 2021. In the past 24 hours, BTC has gained 6.9% and over 23% in the past seven days. At the time of going to press, BTC has a global trade volume of approximately $ 27 billion.
The price of Bitcoin (BTC) hit an all-time high of $ 60,120 per unit.
- Statistics show that Bitcoin (BTC) is up 212% over the past three months and 975.83% over the past 12 months against the US dollar. One-month percent statistics show BTC rose over 24% on Sunday.
- As of Thursday, Tether (USDT) is BTC’s largest trading pair, handling 50.2% of Bitcoin trades. This is followed by USD (19.37%), JPY (6.6%), BUSD (5.65%), EUR (5.2%) and KRW (3%).
- Onchain metrics from intotheblock statistics show that owners making a profit at current price are close to 100%. The concentration of large farmers is 11% and the time of owners by composition is 58% for one year +.
- With BTC hitting a new price high, the network hashrate is also 161 exahashes per second at the time of publication. This is despite the fact that BTC’s mining difficulties are the highest ever at 21,448,277,761,059 (21.45 trillion).
- Data also shows that the number of pools mining BTC has dropped to 16 pools to date. F2pool continues to be the dominant miner on the BTC network, capturing 19.7% hashrate, or 31 EH / s, at the time of posting.
- Additionally, the Bitcoin network reached a milestone after sending $ 3.5 trillion worldwide without the help of banks, corporations, or governments.
- Bitcoin’s recent highs have been positive and Bitfinex CTO Paolo Ardoino is optimistic about BTC’s long-term prospects. “Bitcoin has continued to expand its upward momentum with relatively low trading volumes. It seems like investors are waiting on the sidelines looking for direction. In the meantime, it should be noted that Bitcoin is not just an asset for large institutions and corporations, ”Ardoino said in an investor note sent to the Bitcoin.com news desk.
- “There is so much work under the hood in the Bitcoin ecosystem,” added Ardoino. “Layers are being built that could define exactly how a wide variety of payments will be made by the end of this decade. Bitcoin is the fundamental basis for this ecosystem, ultimately to replace the entire payment and credit card industry. “
- At the time of writing, Ethereum (ETH) is up over 6% to $ 1,883, Bitcoin Cash (BCH) is up 5.47% to $ 565, and the biggest winner in the top ten is Cardano (ADA), which is out today has risen well over 7% and traded for $ 1.15 per unit.
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