US EditionBitcoin Sets Another Record Above $113,000 as Investors Jump Into Risk Assets, Liquidate Shorts
- Bitcoin is being compared to gold for speculation and as a value store, with a capped supply of 21 million to prevent inflation.
- Timo Emden from Emden Research noted that positive developments in US tariff conflicts are boosting market willingness to take risks.
- Lukas Enzersdorfer Konrad from Bitpanda stated that Bitcoin's rise is due to favorable macroeconomic conditions and growing interest from institutional investors.
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38 Articles
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Bitcoin is flying high and, above the previous record reached just one day earlier, reached an impressive $113,000.
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Coverage Details
Total News Sources38
Leaning Left3Leaning Right4Center3Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 30%
C 30%
R 40%
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