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Bitcoin Soars as Bearish Bets Disappear

Bitcoin Approaches All-Time High Amid Trading Surge

  • Bitcoin reached an intraday peak of $105,680.
  • The cryptocurrency rose by 2.5% against the U.S. dollar.
  • Current value stands at approximately $105,385 per unit.
  • Bitcoin is down 3.87% from its all-time high of $109,356 on Jan. 20, 2025.
  • Trading activity involves around $19 billion in Bitcoin transactions.

Bitcoin’s recent performance saw it climb to $105,680 before settling near $105,385, maintaining a strong trading volume of about $19 billion despite being slightly below its record high from January 2025.

Source (2.6)https://news.bitcoin.com/bitcoins-wild-ride-bulls-charge-toward-all-time-high-as-27m-in-bearish-bets-vanish/?rand=52384
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