Bitcoin breaks $79K and ‘no rash action is needed,’ says analyst
Bitcoin has broken the $79,000 price level for the first time and many traders are sharing the sentiment that “this is just the beginning.”
Bitcoin’s price has soared through the $79,000 price level for the first time ever in a week where it has reached several new highs since Donald Trump was reelected as United States president.
On Nov. 10, 05:00 UTC, Bitcoin (BTC) reached $79,141 on the cryptocurrency exchange Coinbase. However, traders warned not to make any impulsive moves just yet.
Bitcoin is trading at $79,658 at the time of publication. Source: Coinbase
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Author: Ciaran Lyons
