Bitcoin surged to a new all-time high of $109,476 in the New York trading session, breaking its previous record. This rally is attributed to institutional investments, regulatory developments, and increased market activity. The US Senate’s GENIUS Act and President Trump’s support for digital assets have boosted market sentiment. Analysts predict Bitcoin could reach $120,000 in the second quarter and $200,000 by year-end. Trading volume and market capitalization are also on the rise, with futures market activity at an all-time high. Market participants are closely watching Bitcoin’s performance for potential new highs.

Leave a Reply