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Bitcoin Sets Record 63 Straight Days Closing Above $10,000
Bitcoin has closed above $10,000 since July 27.
By Zack Voell
Updated Mar 6, 2023, 3:41 p.m. Published Sep 28, 2020, 12:01 a.m.
Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari.
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- The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks.
- Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500.
- According to Coin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September.
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What to know:
- Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.
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