Is It The Time For Bitcoin To Glitter?

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Bitcoin which is also the world's largest cryptocurrency, soared surpassing $20,000 for the first time in over two months.

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As per the Coingeeko data, Bitcoin price is up by 23% in 7 days.

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After the FTX debacle, the cryptocurrency market collectively collapsed and investors expressed concerns about the stability of the industry.

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Some crypto commentators were aiming BTC price for a return of $10,000.

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However, billionaire Tim Draper is sticking to his prediction that Bitcoin will reach $250k.

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Not only Bitcoin price, but ETH price is also up by 22.0% in the last 7 days.

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At the press time, the BTC price is $20,887.55 and is up 10.9% in the last 24 hours.

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