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Bitcoin units landmarks however alts can go unbiased By Cointelegraph

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The rise of crypto: Bitcoin units landmarks however alts can go unbiased

On Dec. 8, precisely one month in the past, was hovering across the $18,700 vary, with many analysts debating as as to whether the flagship asset would be capable to maintain its bullish momentum and cross its all-time excessive worth near $20,000. Nicely, how rapidly issues have modified since then as a result of inside a interval of simply 30 days, Bitcoin (BTC) has repeatedly scaled as much as new ATHs, even surpassing the $41,000 barrier.

Over the course of the final seven days, BTC has exhibited a considerable progress of round 41%, with the digital asset seemingly breaking new floor with every passing day. Nevertheless, this has led to traders changing into more and more nervous since there are a lot of who instantly are given flashbacks of the 2018 crash that resulted in most cryptocurrencies crashing onerous inside a matter of days.

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