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11 July 08:17

Bitcoin price soars exponentially, hitting a new record high of $117,000

Gabriel Dumitrache

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International

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Bitcoin (BTC-USD) hit a new all-time high of over $117,000, fueled by increased demand from institutional investors. Matt Hougan, chief investment officer at Bitwise Asset Management, points out that ETFs have purchased $5.2 billion in bitcoin in the past month, reflecting a significant allocation. Given Bitcoin's limited supply and continued investment flows, Hougan estimates the price could exceed $200,000 by the end of the year.

Sources

Financial Intelligence

Bitcoin atinge un nou record, trecând de 116.000 de dolari; cine cumpără

Business Magazin

Bitcoin atinge un record istoric datorită cererii investitorilor instituţionali

Bitcoin atinge un record istoric datorită cererii investitorilor instituționali

Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

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Bitcoin record dollar

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