BITCOIN’S HISTORIC SURGE: What You Need to Know
It’s official — Bitcoin has just hit an all-time high of $102,607.00 USDT! This marks an impressive 4.08% increase in the past 24 hours, and a 5.07% rise over the past week. Most notably, Bitcoin has surged by a staggering 40.49% in the past month alone. This incredible leap brings us closer to the milestone many have speculated about for years, one that could have arrived as early as Q4 2021 — had the FTX scandal not disrupted the market. Regardless of past setbacks, today is a victorious moment for all Bitcoin holders. Congratulations to those who have held strong!
So, with Bitcoin reaching new heights, the inevitable question arises: Should you consider buying or investing?
Bitcoin, like any cryptocurrency, remains a highly volatile asset. The Bitcoin / TetherUS pair is currently showing a 6.33% volatility rate, which means it can swing dramatically in either direction. But what this really highlights is the importance of doing your due diligence before making any financial decisions. Researching market trends, understanding risks, and evaluating your own risk tolerance are all essential steps in navigating this space.
While Bitcoin has proven itself to be resilient and capable of reaching new heights, it’s crucial to approach it with caution.
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