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Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target

Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target

Bitget2024/03/26 06:57
By:Bitget
Cryptocurrencies started the week with a strong rally, bouncing back from recent losses as bitcoin (BTC) once again traded above its 2021 peak.
Bitcoin (BTC) surged past $70,000 on Monday during U.S. trading hours, surpassing the level for the first time in 10 days and gaining more than 7% over the past 24 hours. Ethereum's ether (ETH) was up 6% during the same period, while tokens for major layer-1 blockchains Solana (SOL) and Avalanche (AVAX) advanced more than 10%.
 
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