Bitcoin surged to a record high of $20,890.11 on Wednesday, with trading volume exceeding $805 million, according to CoinDesk. Ether also hit an all-t

price of bitcoin

Bullish Signals Abound as Whales Embrace Bitcoin

After a brief stall in its downtrend, Bitcoin (BTC) has bounced off support and is currently trading at $33,000. The cryptocurrency has been oversoldSam Bankman-Fried, the founder of FTX, has donated $7 million to charity through his organization's community-led philanthropy initiative. The donatioSilvergate's stock price plummeted on Tuesday, with the company's shares falling by over 20% in a single day. The decline was largely driven by concerEther (ETH) prices surged on Tuesday as bitcoin (BTC) corrected, with the latter's dominance over the cryptocurrency market dipping to a 3-month low.