Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»Bitcoin surpasses $71,000 silver for the first time in history
ETHEREUM NEWS

Bitcoin surpasses $71,000 silver for the first time in history

By Crypto FlexsMarch 11, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin surpasses ,000 silver for the first time in history
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin, increasingly referred to as “digital gold,” has hit an all-time high, with silver’s market capitalization surpassing $71,000.

This is a milestone that Bitcoin has witnessed frequently since early March.

On Friday afternoon, Bitcoin surpassed $70,000 for the first time ever. Then, early Monday morning, the price of Bitcoin began to rise and was at $71,239.37 at the time of this writing. It’s up 2.7% since yesterday and 11.4% since this time last week.

As is usually the case, the all-time high price will vary depending on the exchange or price aggregator you check with. At approximately 9:20 CEST, the price of BTC on Coinbase was $71,700. $71,560 from CoinGecko; On CoinMarketCap it is $71,607.

Screenshot of silver market capitalization and Bitcoin market capitalization comparison. Source: Infinite Market Cap

Just three months ago, when expectations began to build about the approval of a spot Bitcoin ETF, Bitcoin flipped Meta, the parent company of Elon Musk’s electric car company Tesla, Facebook, Instagram, and WhatsApp, and Bitcoin. He cheered Warren Buffett’s multinational conglomerate, which he hated. Berkshire Hathaway.

This makes Bitcoin the 8th largest newly minted Bitcoin thanks to its market capitalization of $1.4 trillion. In addition to gold, which has long held the top spot with a market capitalization of $14.7 trillion, it still lags behind Microsoft, Apple, Nvidia, Saudi Aramco, Amazon, and Google parent company Alphabet.

Why are bullish prices rising? One of the biggest reasons is that the Bitcoin halving is approaching. According to NiceHash, the most recent estimate is that the halving will occur on April 15, about 35 days later.

Halving Bitcoin reduces the rewards paid to Bitcoin miners for processing new blocks on the network. This has already happened three times since Bitcoin was created. This fourth halving will see Bitcoin rewards reduced from 6.25 BTC to 2.125 BTC.

Meanwhile, this morning Ethereum recovered $4,000 for the first time since 2021 after first checking on Friday. At the time of writing, ETH appears to have encountered some resistance. The price of Ethereum is $3,992.13, up 1.3% since yesterday and 13.6% since last week.

By market cap, Ethereum’s $480 billion is larger than the SPDR S&P 500 ETF Trust and is quickly approaching Walmart’s $484 billion market cap, according to Infinite Market Cap.

ETH has some positive news as a tailwind this week. In just two days, Ethereum developers will release the Dencun upgrade. Developers said it is expected to make Ethereum transactions much faster and cheaper. decryption last week.

Stay up to date with cryptocurrency news and receive daily updates in your inbox.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum Dev Zack Cole starts an initiative for the ‘Tokenless’ project.

July 2, 2025

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

Crypto Scam Markets thrives again after attempting to clean up Telegram.

June 24, 2025
Add A Comment

Comments are closed.

Recent Posts

Crypto PR: The Ultimate Guide to Public Relations in the Blockchain Era

July 2, 2025

PrimeXBT Launches ‘Trade As VIP’ Campaign Offering 70% Off Trading Fees

July 2, 2025

Ethereum Dev Zack Cole starts an initiative for the ‘Tokenless’ project.

July 2, 2025

The Azuki NFT team starts an animation studio -here has more information.

July 2, 2025

Crypto Web Directory That Will Skyrocket Your Project’s Visibility

July 2, 2025

Bybit Launches Bybit.eu, A Fully MiCAR-Compliant Platform For Europe’s Crypto Users

July 2, 2025

R0AR’s $1R0R Token Roars Onto MEXC Exchange, Expanding DeFi Accessibility

July 2, 2025

$ 90m NOBITEX HACK: Fault by layer

July 1, 2025

Block3 Unveils Prompt-To-Game AI Engine As Presale Launches

July 1, 2025

$70M Committed To Boba Network As Foundation Concludes BOBA Token Agreement With FTX Recovery Trust

July 1, 2025

Limitless Raise $4m Strategic Funding, Launch Points Ahead Of TGE

July 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Crypto PR: The Ultimate Guide to Public Relations in the Blockchain Era

July 2, 2025

PrimeXBT Launches ‘Trade As VIP’ Campaign Offering 70% Off Trading Fees

July 2, 2025

Ethereum Dev Zack Cole starts an initiative for the ‘Tokenless’ project.

July 2, 2025
Most Popular

BlackRock is exploring buying more Bitcoin ETFs.

March 5, 2024

Survey: 77% believe presidential candidates should know about AI and cryptocurrencies.

June 1, 2024

A correction of a larger magnitude could be triggered if the SOL price (Solana) closes below $50.

November 27, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.