As of 8 a.m. ET, the price of bitcoin, or 1 BTC, was $62,661.23. The crypto’s highest intraday price in the past year was $73,750.07 on March 14, 2024. The chart above is pulling data as of 8 a.m. ET daily and doesn’t display intraday highs or lows.

Analyst and trader Ali Martinez is leaning bearish on Bitcoin (BTC) as the flagship crypto asset sits around 20% below the all-time high.

Bitcoin price is currently hovering around the $58,000 mark, however, analysts indicate that BTC could risk another downfall to $55,000.

Bitcoin’s all-time high was on March 14, 2024, trading at $73,750.07 per bitcoin. The lowest intraday price that the crypto traded in the past year was $25,781.12 on Sep. 13, 2023. The original crypto is up by 119% year over year.

The global digital asset market printed green indexes all around as Bitcoin (BTC) regained the crucial $60,000 level. The return of bulls has helped the biggest crypto to surge by over 12% in the last 7 days,

Bitcoin and Ethereum saw slight declines, while XRP surged 5% amid bullish market sentiment and expectations of a US interest rate cut. The global crypto market cap fell 1.13%.