7 days ago
The cryptocurrency market is seeing a major shift this week, with Bitcoin soaring to a new all-time high of over $30,000, while major altcoins such as Solana and Binance Coin (BNB) have fallen by up to 3%. This comes as more institutional investors are beginning to pour money into Bitcoin, which has seen its price surge nearly 200% since the start of 2020, and is now worth an all-time high of over $30,000. While this influx of institutional money has been a major boon for Bitcoin, it has also resulted in major losses for other major cryptocurrencies.
The current price of Bitcoin is above $30,000.
Solana and BNB are both experiencing price changes of up to 3%.
This news was reported by The Economic Times.
Bitcoin prices have been steadily rising over the past 24 hours.
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