Bitcoin continues to go up
Bitcoin is officially back in action after a price surge that pushed the OG cryptocurrency straight past $70,000.
In just the past 24 hours, BTC posted a torrid 6.6% gain to skyrocket to $71,785 per coin.
Some prominent crypto analysts have begun sounding the alarm that this vertical price action may be displaying inorganic “market top” characteristics. However, the majority of on-chain metrics still reflect that the market is in balance in the early stages of the bull cycle.
