Bitcoin achieves new historical record of over $ 109,000

Bitcoin achieves new historical record of over $ 109,000


Bitcoin has reached a new record after a clear upward trend and exceeded the $ 109,000 mark.

The world's largest cryptocurrency is currently being traded at $ 109,369, which corresponds to an increase of 6.3% compared to last week and is expanding its dominance in a market that is increasingly shaped by institutional demand and macroeconomic uncertainty.

According to market data, Bitcoin's 24-hour trading volume rose to over $ 60 billion, while its overall market capitalization exceeded $ 2.17 trillions, which makes it more valuable than every single listed company worldwide.

The current price increase reflects the growing trust of investors in view of a number of positive developments for digital assets. With already 19.86 million mined BTC, the scarcity of the new offer continues to drive up the upward print to the price. The strong dynamic of Bitcoin in the last 24 hours (+1.85%) and 7 days (+6.3%) indicates a growing speculative interest and fundamental demand.

Market analysts call several potential catalysts for the latest outbreak: growing expectations of other institutional tributaries, the rise of Bitcoin ETFs and persistent concerns about the devaluation of FIAT currencies in the course of global debt accumulation.

Despite the comet-like rise, many in the crypto community believe that Bitcoin's housese is still in its infancy, especially since the regulatory framework becomes clearer and acceptance in the masses increases.


Telegram



Source link

Jayd Johnson

Leave a Reply

Your email address will not be published. Required fields are marked *