Bitcoin price clears previous ATH, tops out at $69,990 on Binance

Bitcoin price recorded a higher ATH on Friday, clearing the previous $69,324 peak. Total liquidations surpassed $230 million as BTC open interest soared beyond $30 billion. Ethereum price tagged the $4,000 level for the first time since 2021. Bitcoin price rallied north on Friday around 15:30 GMT, clearing its previous peak of $69,329 to set a new all-time high of $69,990 on Binance exchange. The peak was followed by a quick correction likely in the aftermath of triggered sell orders.

This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions. What are altcoins? Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.

Source: Digital Coin News (digitalcoinnews.net)

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