Bitcoin jumps to new all-time high, surpassing prior record in January
- Bitcoin surpassed its previous record from January by reaching a value exceeding $111,800 just after midnight ET on Thursday.
- This surge follows bitcoin crossing $110,000 on Wednesday and comes amid advancing U.S. Senate legislation to regulate stablecoins.
- The rally has lifted shares of crypto firms including MARA Holdings, Riot Platforms, Strategy, and Coinbase, with institutional demand and regulatory clarity boosting confidence.
- Market sentiment stands at 72, near extreme greed, with analysts noting spot demand and ETF inflows as key drivers while warning of structural risks like quantum computing threats.
- The new peak highlights bitcoin's growing acceptance by institutions and regulators but suggests potential volatility as macroeconomic and geopolitical factors influence momentum.
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Read Full ArticleBitcoin surges past $111,000, up from $74,508 a month ago amid renewed optimism - Tech Startups
On April 7, Bitcoin was at $74,508. A month later, the world’s most popular cryptocurrency is now trading above $111,000. The cryptocurrency surged to a fresh all-time high on Thursday, climbing as much as $111,886.41 before settling slightly lower at […] The post Bitcoin surges past $111,000, up from $74,508 a month ago amid renewed optimism first appeared on Tech Startups.
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