Bitcoin nears all time high as daily trading volume rises 70%

Market sentiment is also highly positive as the fourth halving is approaching later this month. The anticipation has been further driven by the halving of Bitcoin Cash (BCH) a fork of the Bitcoin network. The token s latest halving saw its value surge by 10% as BCH increased nearly 60% in March

traders and analysts expect a similar impact on bTC after its upcoming halving. Industry experts like SkyBridge Capital s Anthony Scaramucci recently predicted bTC would reach $170,000 in the post halving bullish cycle