Bitcoin cut $ 24K on Saturday afternoon, and the ongoing rally of the leading cryptocurrency set a new record.The price of the crypto giant jumped 5.49% to an all-time high of $ 24,122.67 before dropping to $ 23,978.86, up 5.49% in recent days.
With the latest price hike, Bitcoin’s year-to-date percentage of earnings has risen above 225%.
Conversations about Bitcoin are brightening up as social media shows mainstream audiences increasing attention to Bitcoin’s continuous rally. Bitcoin-related tweets approached three-year highs on Thursday, according to previous reports from Coindesk.
Investment firm Jefferies is reportedly focused on Bitcoin versus gold, head of global equity strategy, Christopher Wood. Wood is preparing to reduce his gold position from 50% to 45% and hold 5% Bitcoin.