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Suddenly, Bitcoin hits new all-time high after $2K gains in minutes
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Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs. The BTC price jump also coincided with news that U.S. inflation hit a 30-year high in October, reported the Wall Street Journal.
Data from Cointelegraph Markets Pro and TradingView captured a snap change of direction for BTC/USD, which gained $2,000 in just 45 minutes.
In step with various similar moves in recent weeks, Bitcoin not only reversed its previous short-term downtrend but eclipsed its previous record high of $68,564.
New #Bitcoin all-time high!
At the time of writing, the volatility was not done, as $69,000 came into view and with it the prospect of the psychologically significant $70,000 mark.
As Cointelegraph reported, that level was
Read more on cointelegraph.comAbout this in other media
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