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7 December 2023
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New Bitcoin All-Time High at $35,770

After breaking through the resistance at $ 32,500, the bitcoin price began a new rise. The first cryptocurrency rose more than 12% and overcame the $ 35,000 resistance, reaching a new all-time high of around $ 35,750, and is now consolidating gains (08:00 UTC).

Likewise, there have been strong gains in most major altcoins including XLM, LINK, BNB, OMG, NEO, DOT, and ADA. Stellar (XLM) demonstrates the highest growth in the top 20 by Coinmarketcap.

Ethereum is viewed currently as the second most important cryptocurrency, and it is also actively crossing new frontiers. ETH / USD rallied 10% and crossed the $1,080 resistance zone, trading at $1,145 at time of writing.

The driver of a new round of growth could be a message from US regulators about the permission to issue and use stablecoins for federal banks.

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