4 months ago
Bitcoin (BTC), the largest cryptocurrency by marketplace capitalization, is apt to deed grounds highs connected much than 70 days this year, much than triple past year's number, if the terms continues to reflector 2017's performance.
It's already connected the way, hitting $109,000 connected Jan. 20, the time of President Donald Trump's inauguration. In 2024, it made 23 records, the astir since 2017, erstwhile it touched all-time highs connected 77 days. This year, the terms enactment seems to beryllium tracking the trajectory of 8 years ago.
Record highs look to elicit antithetic reactions successful crypto and accepted fiscal markets. Typically, erstwhile bitcoin breaks to a caller high, the marketplace is deemed overheated, greedy and overpriced. Assets specified arsenic golden and equities, however, often widen their bull runs. Gold made caller all-time highs astatine slightest 33 times successful 2024.
English (US) 