'Real' Bitcoin Bull Market Is Yet To Commence: 'Violent Up-Only Price Action' Will Mirror Previous Cycles, Touts Trader

Prominent crypto trader Kaleo shared insights on Bitcoin's (CRYPTO: BTC BTC - $62953.171 price trajectory, emphasizing the significant growth that has followed each halving event. What Happened: Crypto Kaleo pointed out that since the 2012 halving, Bitcoin's value has skyrocketed over 500,000% from $12 to nearly $70,000.

Source: benzinga.com

Related symbols: BTCUSD

2024-07-30 12:53:03 GMT.

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Price & Market Data

Price: $62953.171

Volume 24h: $43,953,793,656.01

Market Cap: $1,243,721,736,736.60

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.