Bitcoin Reaches $65,000—Now Only 6% Away From Its All-Time High Bitcoin has reached $65,000, coming just 6% shy of its all-time high.
As the week begins, Bitcoin is currently trading above $69,000, which is just 6% below its record high price of $69,269 set in November 2020. The current price of Bitcoin is $229,210 at the time of writing. This indicates that the price has increased by 230% since yesterday and has experienced an impressive 7753% increase over the past week, as reported by CoinGecko data. If the cryptocurrency can reproduce the 2775% increase in price, it will reach its highest value ever. The oldest and largest cryptocurrency has experienced $270 billion in trading volume today, surpassing the total volume from yesterday. Another indication that weekend Bitcoin trading is no longer popular among investors. However, depending on the currency used to calculate Bitcoin’s value, it has already surpassed its previous highest price. On the day that BTC reached its highest price in USD in 2000, it was being traded for €59,716.82 in Europe. Currently, the value of 1 BTC is €59,901.25. Bitcoin reached all-time high prices in a variety of currencies, such as the Chinese Yuan, Japanese Yen, U.K. Pound Sterling, and India’s Rupee. However, it has not reached its peak price in USD. In November 2021, the value of 703 Euros was approximately $1.16. Currently, the value of the Euro has decreased and is now equivalent to $1.08.