{"id":88680,"date":"2024-07-03T01:17:59","date_gmt":"2024-07-03T05:17:59","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88680"},"modified":"2024-07-03T01:07:55","modified_gmt":"2024-07-03T05:07:55","slug":"history-suggests-bitcoin-will-likely-hit-a-new-all-time-high-this-year-report-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2024\/history-suggests-bitcoin-will-likely-hit-a-new-all-time-high-this-year-report-says.html","title":{"rendered":"History suggests bitcoin will likely hit a new all-time high this year, report says"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">Bitcoin<\/a>\u00a0has not reached the top of its current appreciation cycle and is likely to go past its all-time high this year, according to a research report released by CCData on Tuesday. Bitcoin hit an all-time high of above $73,700 in March but has since been trading within a range between roughly $59,000 and $72,000. The journey to the record high in March was largely driven by the\u00a0<a href=\"https:\/\/www.cnbc.com\/2024\/01\/10\/sec-approves-rule-changes-that-pave-the-way-for-bitcoin-etfs.html\">approval<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.cnbc.com\/2024\/01\/11\/bitcoin-etfs-begin-trading-on-us-exchanges-posting-gains-on-first-day-as-crypto-prices-rise.html\">launch of the spot bitcoin exchange-traded funds, or ETFs<\/a>, in the U.S. in January.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/07\/02\/bitcoin-to-hit-new-all-time-high-this-year-if-history-plays-out-report.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Bitcoin\u00a0has not reached the top of its current appreciation cycle and is likely to go past its all-time high this year, according to a research report released by CCData on Tuesday. Bitcoin hit an all-time high of above $73,700 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88680","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88680"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88680\/revisions"}],"predecessor-version":[{"id":88681,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88680\/revisions\/88681"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}