The trading price of Bitcoin (BTC) is within the range of $27000.By the end of 2023, the price of BTC will soar by over 268%
- The trading price of Bitcoin (BTC) is within the range of $27000.
- By the end of 2023, the price of BTC will soar by over 268%.
Since breaking through $30000 for the first time since June 2022 earlier this month, Bitcoin (BTC) has lost momentum and fallen to a nearly 4-week low. On Monday, the largest cryptocurrency showed little change after falling 1.9% to $26989. In addition, the price of Bitcoin has fallen below $27000 for the first time since March 28th.
At the time of writing, Bitcoin prices have fallen by over 1.8% in the past 24 hours. At present, the spot trading price of BTC is $27433, with a 24-hour trading volume of $16.7 billion. It rose by about 20.81%.
The turmoil caused by the collapse of Silicon Valley banks last month is one of the key reasons for the recent bullish outlook in the crypto market. In addition, cryptocurrency investors believe that the cold winter of cryptocurrencies has melted and Bitcoin will flourish.
In addition, Standard Chartered Bank, a consumer bank, predicted on April 24th that by the end of 2024, the King of Cryptocurrencies could soar to $100000, a surge of over 268% from now. In addition, the second largest cryptocurrency, Ethereum (ETH), has remained almost unchanged and trades within the price range of $1800. In addition, Avalanche (AVAX) rose by approximately 2%, while other digital assets remained largely flat or higher.
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