The Reason Bitcoin’s Price Increased to $63,000 Today

The Reason Bitcoin’s Price Increased to $63,000 Today

Bitcoin’s price exploded above $63,000 today, reaching a local high at around $63,400. Even though it has since retraced to where it currently trades at $62,700, this is still a considerable increase of 4% for the past 24 hours. Source: TradingView It’s also important to note that Bitcoin has managed to outperform the rest of…