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102 new news items in the last 24 hours
11 July 08:17

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

Gabriel Dumitrache
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International
Foto: Shutterstock

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

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Financial Intelligence
Bitcoin atinge un nou record, trecând de 116.000 de dolari; cine cumpără
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Business Magazin
Bitcoin atinge un record istoric datorită cererii investitorilor instituţionali
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Mediafax
Bitcoin atinge un record istoric datorită cererii investitorilor instituționali
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NBC News
Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
Bitcoin hit a high of $124,517, then fell to $123,000, due to demand from institutional investors and expectations of lower interest rates.
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Economy
Bitcoin hit a record high on Thursday, August 13, surpassing $124,000, on the back of favorable US legislation and advancing US stock markets
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Economy
Romanians are showing a growing interest in investing in bitcoin, although the price of the virtual currency has fallen recently.
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Economy
The cryptoactive market's total capitalization has risen to $4.02 trillion, boosted by a Trump executive order allowing investments in crypto through pension plans.
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Economy
The gold price reached a new high of 3,604.70 dollars per ounce
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International
Gold hit a new all-time high, weighed by uncertainty over US tariffs on Swiss bullion.
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Bitcoin record dollar

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