Binance CEO Changpeng Zhao revealed that BTC traded at $15,588 a year ago today.
BTC’s price surged to just below $38K over the past 24 hours but has since retraced.
Technical indicators for BTC suggested it may continue to rise in the next 24-48 hours.
Binance CEO Changpeng Zhao, “CZ”, highlighted the impressive performance of Bitcoin (BTC) over the past year in an X post earlier today. According to the post, the market leader was trading hands at $15,588 a year ago today.
At press time, BTC’s price stood at $36,670.30 according to the cryptocurrency market tracking website CoinMarketCap. This was after the market leader achieved a slight gain of 0.30% over the past 24 hours, which pushed its weekly performance to over 6.30% as well.
Daily chart for BTC/USDT (Source: TradingView)
BTC’s daily gain does not tell the whole story, however, as the cryptocurrency soared to a high of $37,972.24 during the last trading day. Since reaching this point, BTC has retraced to trade back below the maj…
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