Bitcoin (BTC) in the crypto market, Game of Thrones (GOT) in television series and Avengers End Game in the sequel of Marvel Cinematic Universe are gaining billions of clicks and hits in recent time. With Bitcoin investments hammering in the mind of the devoted investors, it becomes paramount to emphasize the reason behind this fidelity.
Although, it is none other than the growing hike of Bitcoin price in the last 24 hours that will eventually let its investors celebrate this Bull Run.
As per the chart by Coinmarketcap on 7th May at 11:16 UTC time, the featured statistics of the greatest hike, in a while now that has to lead the prices to almost touching $6000 mark are as follows:
BTC is currently trading at $5936.68 in the crypto market has a Market Capitalization of above $105 billion and a Circulating Supply of 17,687,262 BTC giving 4,291.90% Return on Investment. It was in the time frame of 24 hours when Bitcoin was witnessed with the cliff’s highest and lowest point. Currently, it is 4% more than the lowest price (USD) 5,708.07 of the noted 24 hours. It was at the price mark of $5,947.41 when it entered the $105 billion Market Capitalization range. Also, it’s important to mark that it was in these 24 hours when the Market Capitalization of BTC rose from $100 billion to $105 billion.
Just as the hype created for the Avengers Endgame, it is still evident after 10 days of the movie release; how can the same not be shown by the Bitcoin investors whose investments have been jewels to the crown of the market. Not only for the one who decides to get a long position but also for the one who goes short, will earn bountifully.