Bitcoin has once again crossed the $70,000 mark, recording its highest value in four months. This resurgence is attributed to the uptick observed at the end of October, labeled as the ‘Uptober’ rally.
Historically, November has been a strong month for Bitcoin, with significant price increases observed in previous years. The market sentiment remains optimistic, expecting the cryptocurrency to maintain its upward momentum as it heads into November.
Investors and market analysts are closely monitoring the situation, anticipating that this rally could herald a new phase of growth for Bitcoin.
Source: bitcoinist.com ↗