Bitcoin to 86000$

Bitcoin's rise coincided with a massive increase in trading volumes that jumped by more than 50% compared to yesterday's trading, as the currency received more than $100 billion in liquidity at the time of writing and publishing the report.

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Meanwhile, the market value of Bitcoin succeeded in exceeding the $2 trillion barrier for the first time in history, reaching levels of $2.04 trillion.

The dominance rate of the largest cryptocurrency also recorded about 55.5%, which is Bitcoin's share of the total market value of all cryptocurrencies, which amounts to $3.7 trillion.

At the same time, some analysts expect that a break below this threshold ($90,000) could lead to a decline to around $80,000, which could be a deep correction followed by a broad decline in the market.

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