Bitcoin crosses $70K for new ATH – Is $100K next to fall?
- The historic hike caused a 3.87% spike in Open Interest (OI)
- BTC’s demand was approximately five times greater than supply at press time
The world’s largest cryptocurrency, Bitcoin [BTC] shattered the $70K-level in style, days after bettering its previous all-time high (ATH). In fact, at the time of writing, it had climbed to a new ATH, with BTC trading at $70,973.