Always high in sight: Bitcoin cracks $ 100,000
After the six-month correction phase since January, the Bitcoin Prize has a foot. The largest cryptocurrency after market capitalization has had a rally of +39% since the low of $ 75,000 and again acts above the psychological $ 100,000 mark. The all -time high at $ 109,000 is within reach.
Bitcoin consolidates space as a digital gold
Since its creation of the financial crisis in 2009, Bitcoin has developed from an experimental means of payment into a short, censor -resistant asset with global relevance. The properties of cryptocurrency are very similar to gold: narrow, easy to transport and independent of individual states. In combination with a digital component, Bitcoin hits the zeitgeist, which is shaped by macroeconomic uncertainty and dollar skepticism.
Bitcoin combines the scarcity of a raw material with the global, digital infrastructure. As a result, cryptocurrency enables a decentralized, transparent management and transfer of assets without intermediate dealers. States such as China, which increase their gold reserves considerably due to the tensions with the USA, could also be interested in the independence of this digital asset.
Ethereum and old coins awakening
In the midst of uncertain conditions, the alternative cryptocurrencies (“old coins”) generally suffer disproportionately due to their illiquidity. Ethereum, the second largest digital asset, has developed consistently worse since the beginning of the correction phase than Bitcoin. Now the first impulses of a counter -movement are emerging. Within a day, Ethereum (ETH) increased by +21.9% – the largest daily increase since 2021. Nevertheless, the alternative cryptocurrency remains a long way to the all -time high.
The situation looks similar in the old coins in general. Half of the top 20 cryptocurrencies after market capitalizations have recorded an increase in the double -digit percentage range over the past seven days, while Bitcoin increased by +7.78%. The winner of the week is Ethereum ETH (+28.18%), SUI (+17.19%), Dogecoin Doge (+15.55%) and Cardano Ada (+12.34%).
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Risk.
Plants and investments, especially in cryptocurrencies, are generally associated with risk. The total loss of the capital invested cannot be excluded. Cryptocurrencies are very volatile and can therefore be exposed to extreme price fluctuations in a short time.
