Written by

Vetle Lunde

Senior Analyst

15 Mar 2021

Bitcoin breaks above $60,000 for the first time

Source: NYDIG

Bitcoin climbed towards new highs last week and established a new all-time high of ~$61,800 this weekend.

However, another round of liquidations and a sharp pullback yesterday halted the celebration.

Bitcoin climbed towards new highs last week and established a new all-time high of ~$61,800 this weekend.

However, another round of liquidations and a sharp pullback yesterday halted the celebration.

ETH is currently struggling to push higher. Investors are getting impatient as the second-largest cryptocurrency hasn’t been able to surpass its ATH from Feb 20th, while BTC has continued to new highs.

We still see some incredible gains in the altcoin market, but the market has been more divided lately, with coins moving in both directions.

Source: cryptowat.ch, messari.io