{"id":258920,"date":"2024-03-04T23:47:28","date_gmt":"2024-03-04T18:17:28","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=258920"},"modified":"2024-03-04T23:47:28","modified_gmt":"2024-03-04T18:17:28","slug":"bitcoin-gets-closer-to-all-time-high-breaks-us67000-barrier-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-gets-closer-to-all-time-high-breaks-us67000-barrier-crypto-news\/","title":{"rendered":"Bitcoin gets closer to all-time high, breaks US$67,000 barrier &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Bitcoin (BTC) has surged past US$67,000, approaching its all-time high of US$69,000, according to CoinGecko data.<\/p>\n<p>The world\u2019s largest digital currency experienced a 6.6% increase on March 4, with signs of continued bullish momentum from both retail and institutional investors.<\/p>\n<p>Despite some outflows from the Grayscale Bitcoin Trust, the market remains resilient, with growing interest in futures bets and various altcoins also rising.<\/p>\n<p>The market\u2019s surge towards previous highs triggered several bull market indicators weeks before the Bitcoin halving, a contrast to previous cycles where they only came into play after the event.<\/p>\n<p>Bitcoin\u2019s halving event, which is expected to occur in April, will cut the supply inflow of the cryptocurrency by half, which market watchers claim will contribute to the asset\u2019s scarcity.<\/p>\n<p>Memecoins were the biggest winners on Monday, as Bonk, Pepe and Shiba Inu topped the winner\u2019s column, each posting at least 42% gains.<\/p>\n<p>The rally now places four memecoins in the top 50 cryptocurrency rankings.<\/p>\n<p>Dogecoin, the world\u2019s largest memecoin and the 10th largest cryptocurrency by market capitalization, had a 30% surge of its own.<\/p>\n<p>\n<span class=\"post-views-icon dashicons dashicons-chart-bar\" \/> <span class=\"post-views-label\">Post Views:<\/span> <span class=\"post-views-count\">301<\/span>\n<\/p>\n<\/div>\n<p>\t\t!function(f,b,e,v,n,t,s)<br \/>\n\t\t{if(f.fbq)return;n=f.fbq=function(){n.callMethod?<br \/>\n\t\tn.callMethod.apply(n,arguments):n.queue.push(arguments)};<br \/>\n\t\tif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=&#8217;2.0&#8242;;<br \/>\n\t\tn.queue=[];t=b.createElement(e);t.async=!0;<br \/>\n\t\tt.src=v;s=b.getElementsByTagName(e)[0];<br \/>\n\t\ts.parentNode.insertBefore(t,s)}(window, document,&#8217;script&#8217;,<br \/>\n\t\t&#8216;https:\/\/connect.facebook.net\/en_US\/fbevents.js&#8217;);<br \/>\n\t\tfbq(&#8216;init&#8217;, &#8216;1890501017821908&#8217;);<br \/>\n\t\tfbq(&#8216;track&#8217;, &#8216;PageView&#8217;);<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) has surged past US$67,000, approaching its all-time high of US$69,000, according to CoinGecko data. The world\u2019s largest digital currency experienced a 6.6% increase on March 4, with signs of continued bullish momentum from both retail and institutional investors. Despite some outflows from the Grayscale Bitcoin Trust, the market remains resilient, with growing interest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":130408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-258920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/258920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=258920"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/258920\/revisions"}],"predecessor-version":[{"id":258922,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/258920\/revisions\/258922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/130408"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=258920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=258920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=258920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}