6 hours agoBitcoin breaks new record
Periskopi(a year ago)
(a year ago)The cryptova peace market is on again, while Bitcoin ʹ the world's largest digital currency has reached a new historical level, exceeding $13,800. Bitcoin breaks new record: It exceeds $130,000 in sharp growth in a few days and has generated enthusiasm in the ranks [...]
The cryptova peace market is on again, while Bitcoin ʹ the world's largest digital currency has reached a new historical level, exceeding $13,800. Bitcoin breaks new record: It exceeds $130,000
The sharp increase has occurred within days and has sparked enthusiasm among investors and financial analysts.
According to data from the main trading platforms, Bitcoin's value has increased by over 4 percent in the last 24 hours, strengthening the positive trend it has started since early July.
This is the first time that the digital currency has captured such a level, passing the previous record set at the beginning of the year.
What is promoting this growth?
The limited market offer most of Bitcoin is currently stored outside the trading platforms, which lowers availability and promotes the price.
The rise in institutional demand ? Big investments in Bitcoin ETFs have significantly increased capital flows.
The macroeconomic conditions ʹ expectations for lowering US interest rates and a more optimistic climate in financial markets have made Bitcoin more attractive as investment assets.
Experts predict that if the trend continues, Bitcoin's price could reach $140,000 by the end of the year.
The next week, known as “Crypto Week”, is expected to bring about significant developments, including discussions about legal arrangements for digital assets. Market observers will be eyed by these developments that may further influence the Bitcoin Award. /Periscope/
