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Bitcoin updates all-time high at $ 122,600
Bitcoin BTC $120,043.14 Bitcoin 0.71% Market capitalization $2.39 trillion VOL. 24 hours $3.31 billion has set a new historical record, exceeding $ 122,600. This happened against the backdrop of growing interest in the cryptocurrency market from large investors and companies. Fixing the price at this level once again proved that digital assets remain attractive for investment even amid volatility.
Analysts note that one of the key factors behind this jump was the growing demand for spot bitcoin ETFs, which have recently received regulatory approval in the United States. These instruments have given a new impetus to institutional investors who were previously cautious about direct investments in cryptocurrencies. In addition, the market is affected by the limited issuance of bitcoin and the decrease in the number of coins coming to the exchanges.
According to financial experts, breaking through the $ 122,600 mark may contribute to the further expansion of the cryptocurrency market. Currently, bitcoin accounts for almost half of the total capitalization of digital assets, and its behavior significantly affects the dynamics of other coins. There is also a growing interest in ether and other top cryptocurrencies.
Amid the record price increase, some analysts do not rule out the possibility of a short-term correction. However, most market participants expect that, given stable institutional demand, bitcoin can maintain its position or even update its maximum in the near future.
The development of the cryptocurrency infrastructure and the emergence of new investment products continue to contribute to the legalization and spread of digital assets. This is also confirmed by the latest bitcoin record, which has become a new stage in the history of financial markets.