Bitcoin is currently up nearly 15% this week, with Cointelegraph earlier reporting on $71,500 as the key line in the sand bulls need to spark a “parabolic” phase next. Analyzing order book activity, meanwhile, popular trader Skew explained the likely methodology of the large-volume traders behind current price action.

Bitcoin’s all-time high was on Nov. 7, 2024, trading at $76,999.00 per bitcoin. The lowest intraday price that the crypto traded in the past year was $34,948.50 on Nov. 14, 2023. The original crypto is up by 106% year over year.

Bitcoin notched another record high on Friday, hitting $77,000 for the first time after setting repeated highs earlier in the week. The largest cryptocurrency by market value recently traded at $77,183,

Bitcoin’s (BTC) price crossed the $80,000 mark for the first in history, just days after Donald Trump’s reelection in the recent United States presidential elections. On Nov. 10, the top cryptocurrency rose by almost 4.

Key Takeaways Bitcoin briefly topped $77,000 Friday, a new all-time high for the cryptocurrency.The recent bitcoin rally has been driven by Trump's election win and promise of a more crypto-friendly administration.