- Crypto Twitter is a buzz as the price of Bitcoin (BTC) is back up over $24,000.
- The price of Bitcoin (BTC) has gone up by 37% in just 8 weeks alone.
- The number of Bitcoin ATMs worldwide has increased by 40x since 2017.
The crypto Twitter community is in a complete frenzy as the industry is overjoyed by Bitcoin (BTC) finally kicking into bullish gear. After a couple weeks of steady price increase, the pioneer cryptocurrency has finally broken through the $24,000 threshold.
At the time of writing, the price of Bitcoin (BTC) is $24,136.7. This is an increase of 4.7% over the past 24 hours. In addition, Bitcoin’s total market cap is $461,391,939,620 with a 24-hour trading volume of $19,698,297,811, according to CoinGecko. This means the price of Bitcoin (BTC) is up by 37% in just 8 weeks.
Many tweets highlight how happy the crypto community is to see Bitcoin surge into green signals. In particular, some responses are baffled at how the price still hasn’t surpassed $28,000. Meanwhile, others expect the price to overtake $32,000 soon.
In general, many tweets express how Bitcoin (BTC) has already bottomed for the season. Adding on, many responses express the end of crypto winter. Another set of responses are awaiting Bitcoin (BTC) bulls and whales to further push the return of Bitcoin’s bullish behaviour.
The popularity of Bitcoin (BTC) despite the harsh crypto winter has been repeatedly proven over the last few weeks. Recently, many companies announced services that include Bitcoin (BTC) investments for their clients.
To top it off, the number of Bitcoin (BTC) ATMs have increased by 40x on a worldwide scale since 2017. Indeed, the word of Bitcoin (BTC) is spreading far and wide and Bitcoin adoption continues to increase.
For now, the crypto community continues to vigilantly watch the charts. After all, many crypto and Bitcoin analysts predict the price of Bitcoin to surpass its ATH at the end of this year or at the start of 2023.
