{"id":261613,"date":"2024-03-08T22:56:34","date_gmt":"2024-03-08T17:26:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=261613"},"modified":"2024-03-08T22:56:34","modified_gmt":"2024-03-08T17:26:34","slug":"bitcoin-smashes-through-all-time-high-tops-70000-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-smashes-through-all-time-high-tops-70000-crypto-news\/","title":{"rendered":"Bitcoin Smashes Through All-Time High, Tops $70,000 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>The asset is up 4.3% today, meanwhile Ethereum tops $4,000.<\/p>\n<div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/what-is-bitcoin\">Bitcoin<\/a> has been skyrocketing off the back of spot Bitcoin ETF flows, and within days found its footing after dropping more than 10% on March 5, when it broke its previous all-time high.<\/p>\n<p>It reached as high as $70,045 today and is trading just below $70,000 on Bistamp, at the time of writing.<\/p>\n<figure><figcaption class=\"text-center text-xs\">Bitcoin Price &#8211; Bitstamp via TradingView<\/figcaption><\/figure>\n<p>Today\u2019s gains also have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/what-is-ethereum\">Ethereum<\/a> tearing through the $4,000 mark, surpassing it by a couple of dollars early Friday morning. It hasn\u2019t seen these levels since late December 2021.<\/p>\n<p>The second-largest crypto in the market is now changing hands for $3,925 today, notching a whopping 70% gain in the past month.<\/p>\n<p>Potential price catalysts for ETH include the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/ethereum-s-dencun-upgrade-completes-testnet-trials-mainnet-comes-next\">Dencun upgrade<\/a>, and the potential approval of a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/tag\/ethereum-etf\">spot ETH ETF<\/a>, with financial firms lining up their applications with the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/sec-commissioners-criticize-regulator-over-shapeshift-securities-case\">SEC<\/a>.<\/p>\n<p>Some might be suffering from bear market PTSD, but all signs are indicating a healthy bull run. Since Feb. 1, the entire crypto market has gained $1 trillion in market cap, according to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/\">Coingecko<\/a>.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/memecoins-outperform-as-crypto-does-its-best-to-button-up-after-bitcoin-etf\">Memecoins<\/a> are another indicator of the sentiment in the crypto market. They have been popping off, with Solana-based tokens garnering the most attention from degens and traders alike.<\/p>\n<p>In fact, four of the top five categories with most gains in the past seven days relate to memes. These include cat-themed tokens, dog-themed, fractionalized NFTs, and memecoins.<\/p>\n<p><!--$--><\/p>\n<div class=\"relative flex items-center gap-2 rounded-md bg-[#191919] p-2 my-4 lg:hidden\">\n<div class=\"relative group  flex w-max items-center gap-2  p-2 text-sm text-white mx-auto\"><strong class=\"whitespace-nowrap w-min sm:w-auto bg-gradient-to-r from-[#9FF9D2] to-[#DB9FF9] bg-clip-text text-transparent\">DeFi Alpha<\/strong><span class=\"whitespace-nowrap  w-min sm:w-auto border-l border-white pl-1 lg:hidden\">Premium Content<\/span><\/p>\n<div class=\"tooltip font-heading shadow-cta absolute hidden lg:visible left-6 z-10 -top-[80px] w-max max-w-xs translate-y-full flex-col rounded-lg bg-[#EEEEF4] p-3 text-left text-xs text-black group-hover:flex lg:left-auto lg:right-4\">Looking for Alpha? Become a premium member of The Defiant and join our DeFi Alpha community.<\/p>\n<ul class=\"list-inside list-disc\">\n<li>DeFi Daily | Weekdays<\/li>\n<li>DeFi Alpha Letter | Weekly<\/li>\n<li>Defiant Podcast Transcript | Weekly<\/li>\n<li>Inbox Dump | Saturday<\/li>\n<li>Weekly Recap | Sunday<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/thedefiant.io\/go-premium#pricing\" class=\"disabled:bg-cta-disabled-background disabled:text-cta-disabled-text rounded font-semibold border-cta-primary-border bg-cta-primary-background text-cta-primary-text hover:border-cta-primary-border-hover hover:bg-cta-primary-background-hover ml-auto block p-2 text-center text-sm !text-black !no-underline shadow-newButton\">Start for free<\/a><\/div>\n<p><!--\/$--><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The asset is up 4.3% today, meanwhile Ethereum tops $4,000. Bitcoin has been skyrocketing off the back of spot Bitcoin ETF flows, and within days found its footing after dropping more than 10% on March 5, when it broke its previous all-time high. It reached as high as $70,045 today and is trading just below [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":261614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-261613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/261613","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=261613"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/261613\/revisions"}],"predecessor-version":[{"id":261615,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/261613\/revisions\/261615"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/261614"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=261613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=261613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=261613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}