Popular cryptocurrency, Bitcoin, rose to a record high on Tuesday, hitting another milestone at above $62,000.
Observers say the move reaffirm to be a bullish trend in the cryptoverse and can make other digital assets surge.
The crypto traded at $62,645.26 with a daily trading volume of about $60 billion.
Bitcoin is up 2.99% for the day. The world’s most popular crypto now has a market value of about $1.17 trillion.
Adding credence to the strong bullish run in play is data retrieved from Glassnode pointing to the fact that holders of the flagship crypto are selling less, as Bitcoin deposits on exchanges hit a 30-day low.
