Bitcoin Price Updates

Cryptocurrency markets have surged over the past 24 hours as billions of dollars have entered the crypto economy. The value of Bitcoin touched an all-time high (ATH) once again on Wednesday, reaching $ 64,895 per unit. The latest price surge is leading to Coinbases next direct listing on Nasdaq.

The crypto economy surpasses $ 2.2 trillion in value

Fans of digital currencies are quite pleased on Wednesday morning as a host of new gains have been recorded across the entire crypto economy. The entire crypto economy is currently valued at $ 2.2 trillion and is up over 4% today. Bitcoin (BTC) touched a high of $ 64,895 per unit and is currently trading at $ 64,229. BTC is up over 2.6% today and is up 15.5% over the past seven days. Despite the new ATH, bitcoins (BTC) dominance among the 9,215 existing cryptocurrencies is only 53% today.

Dogecoin (DOGE) prices have risen considerably over the past 24 hours.

Bitcoin is widening its range

Right before Coinbase‘s direct listing and as BTC has touched a new ATH, a lot of investors and crypto executives are very positive. “Bitcoin has been continually coming out of its niche, that’s no secret,” Eric Demuth, Co-CEO and founder of Bitpanda explained. “Either because of its greater coverage in the main media or because of the adoption of commercial Bitcoin infrastructures by the main banks such as JPM or Goldman Sachs. The decisive step was probably the first investments made by the companies of the S&P 500 ”. Demuth further added:

“Today, Bitcoin is expanding its range of private clients and is becoming increasingly important as an investment object for companies and pension funds. Its record rally seen in recent weeks was fueled in part by institutional money coming into the market. And yet it seems that opinions have been polarized leaving only two extreme positions on the issue: those who see this cryptocurrency as the holy grail and those who still refer to it as a purely speculative object and try to devalue Bitcoin with obsolete and false. ”

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