Bitcoin Has Reached a New Historic Peak Today: $109.487. How to Explain This Growth

Bitcoin reached a historic peak of more than US$ 109,400 this Wednesday, at a time when investors take over the cryptocurrency. Bitcoin, the world’s largest cryptocurrency for market value, has risen by more than 23% in the last 30 days and reached a historic peak of US$ 109,487 on Wednesday morning, according to Coinmarketcap. Bitcoin shot initially after President Donald Trump’s re-election in November, hoping that it will be a proscribed gove…

Simon Peters, an expert crypto analyst active on the eToro investment platform and multi-active trading, on the new bitcoin peaks. Bitcoin has reached a new historical peak today; however, this could be just the beginning of something much larger. There are several developing narratives that could lead to an explosion in the price of cryptocurrency. First, global liquidity (essentially the amount of money available in the global economy, a metri…

Bitcoin reached a new historic peak, despite the previous January's record Bitcoin Volatility remained relatively low in the last month, and the investor's feelings are predisposingly optimistic analysts estimate that Bitcoin could exceed $150,000 by the end of the year, on the basis of the correlation with global liquidity and the Bitcoin's positive feeling reached Wednesdays $109.487, a new historic maxim, after the January record, writes CNBC.

Bitcoin has made history again. In the midst of a remarkable recovery in global market sentiment, the world’s most important cryptocurrency reached a new historical peak of $109,400, surpassing its previous record of $109,358 recorded in January of this year. This upturn not only reaffirms Bitcoin’s structural strength, but also marks a turning point in the macroeconomic narrative surrounding risk assets. This report analyses in depth the engine…