Bitcoin Price Surpasses Previous All-Time High, Becomes Fifth-Largest Asset
- Bitcoin’s price reached a new all-time high of $109,487, surpassing the previous high of $109,100.
- The cryptocurrency has overtaken Amazon’s stock to become the fifth-largest asset by market cap.
- Strategy, a public company with the largest Bitcoin holdings, increased its total to 576,230 BTC after purchasing an additional 7,390 BTC.
- Japanese firm Metaplanet added 1,004 BTC this week, bringing its total holdings to 10,000 BTC.
- Veteran trader Peter Brandt suggests Bitcoin could reach between $125,000 and $150,000 in the coming months.
Bitcoin has achieved a new all-time high of $109,487 and now ranks as the fifth-largest asset by market capitalization. Strategy continues to lead in corporate Bitcoin holdings with a total of 576,230 BTC.
Source (2.6)https://coingape.com/bitcoin-price-breaks-all-time-high-moves-past-amazon/?rand=24432
