Will Bitcoin break $70,000 hold
The most famous cryptocurrency in the world, “Bitcoin,” needs to rise by about 270 percent to reach the levels of $100,000, at a time when it has managed to achieve a jump of 70 percent since the beginning of this year. Bitcoin's price reached its highest level ever at about $69,000 in November 2021, and since then the currency has lost about 60 percent of its value. For his part, Amr Zakaria Abdo, co-founder of the Market Trader Academy for Financial Market Studies, ruled out the possibility of Bitcoin reaching levels of $100,000 this year, explaining in an exclusive interview with “Eqtisad Sky News Arabia” that the most famous cryptocurrency in the world is currently experiencing... An increase of more than 70 percent since the beginning of the year. Abdo explains that the main driver of Bitcoin in 2021, when it recorded levels near $69,000, were the Asian markets, while today we are witnessing that the main support for the rise of the Bitcoin currency comes more than two-thirds ...