Crypto Weekly: Bitcoin Broke $60,000; MicroStrategy Bought Bitcoins Again
Published in
Mar 15, 2021
The past week has been extremely successful for Bitcoin. Its price has risen by 20% and set a new ATH and is now trading at around $60,000.
Most altcoins showed positive dynamics, but only a few of them were able to overtake Bitcoin in growth over the past week. This is especially interesting due to the fact that exactly a year ago, from March 12th to March 13rd, the Bitcoin price fell to $3,800.
In just a year, the price of the first cryptocurrency rose from that drop to $60,000. Thus, in one year, the price of Bitcoin increased by 1600% or 16 times. No other asset on the traditional market showed such strong dynamics.