Bitcoin Breaks Above $79,300 for First Time in 11 Weeks
Bitcoin (BTC) has broken above $79,300 for the first time in 11 weeks, marking a 3.8% gain in the past day.
The total market cap of BTC alone now exceeds $1.57 trillion according to CoinGecko data, with a 24-hour trading volume of approximately $51.9 billion.
This move has occurred across major pairs, including against the euro, yen, and pound.
Investor Kevin O'Leary has narrowed his crypto portfolio to Bitcoin and Ethereum (ETH) only, citing a lack of institutional durability in alternative tokens.