As a seasoned researcher with over two decades of experience in finance and technology, I’ve seen my fair share of market fluctuations. The recent surge of Bitcoin breaking through the $79,000 price level for the first time is indeed an intriguing development.
In the past week, Bitcoin‘s value surpassed $79,000 for the first time in history, marking numerous record-breaking highs since Donald Trump was re-elected as the U.S. President.
At 5:00 AM UTC on November 10th, Bitcoin peaked at $79,141 on the cryptocurrency platform Coinbase. But, it’s important to remember that traders advise against hasty decisions for now.
There’s no need to act hastily, as simply holding onto your Bitcoins will do the job for you,” said Bitcoin analyst Tuur Demeester in a recent post on November 10th. In the same post, he also mentioned that:
“$79k bitcoin, new ATH. Steady folks, this is just the beginning. This is a time for being right and sitting tight.”
crypto expert Invest Answers, with a following of 227,400 on Twitter, expressed optimism to their audience, saying “It’s time to launch” after Bitcoin surpassed the $79,000 mark in value.
In a similar vein, the crypto commentator Rain expressed to his 148,000 followers, “We’re definitely back!
This is a developing story, and further information will be added as it becomes available.
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2024-11-10 08:44