Bitcoin price increased; Each bitcoin is $64,399

reported Mehr News Agency, analysts believe that Bitcoin is approaching what is known as the “blue sky failure”. This term refers to a scenario where an asset breaks above all previous historical price levels and enters uncharted territory.

Recently, Kevin Sonson, a cryptocurrency Predicted that Bitcoin could reach $90,000 in 2 months. He noted that if history repeats itself, Bitcoin will reach this milestone.

Crypto reported that Bitcoin’s price action reflects a bullish trend. While such trends will eventually correct, the current trajectory shows room for further gains. Going from $70,000 to $90,000 would be a significant jump that would benefit the top players in the crypto space.

The total global market value of digital currencies is currently estimated at 2.35 trillion dollars, which is 0.43% higher than the previous day. Currently, 53.99% of the total digital currency market is owned by Bitcoin, which recorded a daily decrease of 0.07%.

The total volume of the digital currency market in the last 24 hours is 34.33 billion dollars, which has decreased by 48.23%. The total volume in decentralized finance is currently $3.64 billion, which is 10.61% of the total 24-hour cryptocurrency market volume, and the volume of all stablecoins is now $30.59 billion, which is 89.11% of the total volume. It forms the 24-hour digital currency market.

Bitcoin price has now reached $64,399.06, which has increased by 0.24% in the last 24 hours.