Bitcoin Sets Record 63 Straight Days Closing Above $10,000

Bitcoin streaks of days buying and selling above $10,000

Bitcoin closed Sunday at $10,793 surroundings a anecdote of 63 consecutive day-to-day closes above $10,000, in accordance with market files aggregated by Messari.

  • The bellwether cryptocurrency’s outdated anecdote 62-day chase above $10,000 lasted from Dec. 1, 2017, thru Jan. 31, 2018, when bitcoin reached its all-time excessive of ideal above $19,900 on Coinbase after soaring practically 100% in 2 weeks.
  • Bitcoin’s most contemporary prolonged length above the predominant five-digit price, nonetheless, has been slightly easy, largely staying in a moderately small differ between $10,000 and $12,500.
  • Primarily primarily based on Coin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so a ways in September.

Bitcoin streaks of days buying and selling above $10,000
Source: Coin Metrics, CoinDesk Analysis

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