Bitcoin Surpasses $40,000, Fueling Market Growth!

author: Mustafa Mullah

Mustafa has been writing about blockchain and cryptocurrencies for several years. He has previous trading experience and has been working in the fintech industry since 2017.

December 4, 2023 9:54

Bitcoin has surged past $40,000, surging 1.6% in the past 24 hours. The current market dominance of digital currency is 49.8%. Lesser-known cryptocurrencies LUNC and LUNA had the highest gains over the same period, with increases of 34% and 26%, respectively. The recent surge in Bitcoin’s value comes amid volatile markets and growing interest from institutional investors. As digital currencies continue to gain mainstream acceptance, analysts predict that their value could potentially reach new heights in the coming months.