CryptoNews

Bitcoin’s Unrelenting Rise Continues: BTC Passes $122K

Bitcoin continued its ascent on Monday morning, achieving yet another all-time high in its price record. The leading cryptocurrency reached nearly $122,600 on Bitstamp, with analysts suggesting that this is just another stepping stone on the path to even higher highs.

Bitcoin has continued its rise to all-time high prices on Monday morning, having reached yet another record after a week that saw the prime cryptocurrency score high gains. The BTC price reached $122,600 on Bitstamp in a move that crypto analysts qualified as just another number in the road to higher highs.

Former Binance CEO Changpeng Zhao reflected on the price hike on social media. “After I bought bitcoin in 2014, it took 3 years to reach an ATH of $1000 again in Jan 2017. We were excited. Now, that is just a small fraction, less than 1%,” he stated, showing confidence in bitcoin’s future.

“Today, you might be excited by the current ATH. In a few years, this will be just a fraction,” he concluded.

Bitcoin’s rise defies the current geopolitical and macroeconomic conditions, with the Trump administration having recently enacted high unilateral tariffs that could negatively influence capital markets this week.

Source: Bitcoin

Related posts
GamingNews

Arc Raiders Design Director Says Running a Playtest Around the Same Time as Bungie's Marathon Was 'A Great A/B Test for Us'

GamingNews

Resellers Beware: Nier Automata Dev Yoko Taro's Real Autograph Includes 'Small, Unknown Features' to Help Spot Fakes

GamingNews

Halo Co-Creator Marcus Lehto 'Disappointed' Ridgeline Staff 'Were Not Properly Credited' in Battlefield 6, Says They Built the 'Foundation' of the Game

CryptoNews

Analyst Projects $175K Bitcoin Price as Regulatory Climate Improves in US

Sign up for our Newsletter and
stay informed!