The king’s return ? If the year 2023 is still young, the crypto market spares no effort to spoil its investors by exposing an insolent form, particularly compared to other asset classes. So Bitcointrue to its reputation for dynamism and volatility, joins the party by pushing from time to time in recent months sudden increases that could almost leave – Finally – hoping that the worst is behind us. The proof again tonight with a Bitcoin that once again demonstrates who the real boss is.
Bitcoin: Back to $30,000
$30,000 for 1 Bitcoin. It is a valuation with which the king of cryptos had not flirted since June 2022, i.e. almost 10 months.
On April 11, 2023, investors are waking up with a smile on their face, greeted by beautiful green candles and a Bitcoin that now exceeds the symbolic bar of 30,000 dollars. Bitcoin is up more than 6% in 24 hours.
Bitcoin thus sees its capitalization increase by almost 35 billion dollars in a few hours, which is greater than the total capitalization of Crédit Agricole or equivalent to more than 4 times that of Crédit Mutuel. A situation not devoid of a certain irony that will savor as a gourmet those who remember recent statements of the new boss of the bank in question, on the crypto subject.
This bout of euphoric fever must, as usual, be treated with caution, given an economic context that is as complex as it is fragile. However, we will not sulk our pleasure even though with Bitcoin in the firmament, it is also the entire crypto market that is progressing, now approaching 1300 billion in capitalization.
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