Bitcoin re-visits 2017 highs: Will it trigger recovery?

In January 2017, Bitcoin breached the $1000 benchmark, creating a new record high at that time. By mid-December that year, the asset already inclined to a new peak at around $19.7k. Fast forward to today, the largest crypto asset is currently trading at levels at par with 2017’s highs.


In fact, “Checkmatey,” the pseudonymous lead on-chain analyst at Glassnode, took to Twitter to highlight that Bitcoin’s realized dominance currently stood at 59% and was “rising.” As illustrated below, the curre

shubhk's Recent Blog Posts

Zirkels is a content platform built on top of DeSo blockchain, where anyone can create content or consume content. Zirkels is one of the only content platform with no advertisements, yet they have…
1 year ago
The Elon Musk-Twitter deal is one of the most viral topics of discussion on the internet. The possibility of the acquisition deal coming to a conclusion this Friday has been surfing social media.…
1 year ago
US Federal Reserve officials could be set to increase the interest rate by another 75-basis points, according to a Wall Street Journal report on Oct. 21. According to the report, the officials would…
1 year ago
The fall of FTT and the ongoing Binance-FTX episode caught the crypto community by surprise. FTX was one of the most popular exchanges, and many did not expect the firm to have insolvency issues.…
1 year ago
The fall of FTT and the ongoing Binance-FTX episode caught the crypto community by surprise. FTX was one of the most popular exchanges, and many did not expect the firm to have insolvency issues.…
1 year ago