Is the bull market back? Bitcoin rushed to $35,000 and grew by 30% in a month

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Added $5000 per day

Bitcoin showed its volatility again, soaring to $35,000 and setting a record this year. This impressive rally saw Bitcoin rise $5,000 in just 24 hours. Over the week the growth was 22%, and over the month – 30%. Since the beginning of the year, BTC is up 73%. The last time Bitcoin’s price exceeded $35,000 was May 7, 2022. 

Crypto enthusiasts and market analysts see this as a clear indicator that the bull market is back. The rapid rise is not only a testament to Bitcoin’s resilience but also a hint of its potential in the coming months.

Bitcoin
Bitcoin

Is the bull market back? Bitcoin rushed to $35,000 and grew by 30% in a month

Given the momentum that Bitcoin has received, there are speculations that the next mark will be $40,000. Such a surge would further strengthen BTC’s position and potentially pave the way for even greater heights by the end of the year.

But let’s not forget that the cryptocurrency market has always been known for its rollercoaster nature. So no one knows for sure what will happen next.

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