The world’s most valuable crypto, Bitcoin, has continued its streak, securing a seventh consecutive day in the green, blitzing past the significant level of $46k to set a new three-month high.
Having gained 6% over the last 24 hours, Bitcoin’s price surpassed $47k for the first time since January 3rd. Bitcoin briefly peaked at $47,350 before dropping to its current price of $47,047 as of this writing.
The 24 hour price chart for Bitcoin (BTC). Source: Tradingview
Over the last seven days, the price of Bitcoin has risen by 14.5%, and by 26% over the last two weeks as it recovers from its worst start to a year since the infamous crypto winter.