Bitcoin Breaks Records as Market Value Hits Historic Peak - Here Are The Key Drivers

Bitcoin Breaks Its ATH and Surpasses Amazon in Market Value - The Cryptocurrency Post

TL;DR Bitcoin hit a new record of $111,889 and surpassed Amazon in market value, coinciding with Bitcoin Pizza Day. BTC options open interest climbed to $45.8 billion, pushing derivatives volume to its highest level in months. Bitcoin ETFs recorded $607.1 million in net inflows, with $530.6 million going to BlackRock’s iShares Bitcoin Trust. Bitcoin (BTC) broke through its previous ceiling and reached a new all-time high of $111,889. It later s…

Bitcoin Breaks Records as Market Value Hits Historic Peak - Here Are The Key Drivers

The crypto market recently witnessed a historic moment as Bitcoin, the largest digital asset, rallied hard to a new all-time high on Wednesday, triggering renewed optimism in the sector. After the milestone, BTC’s bullish performance has been analyzed and attributed to several key favorable conditions. Triggers Behind Bitcoin’s Sharp Growth Since gaining upward traction in April, the market value of Bitcoin has officially risen to a new all-time…