Bitcoin approached the USD $ 112,000 amid strong moves in the market

The main digital currency was very little to mark new historical maximums, but a wave of liquidations made prices back up to USD $ 110,000 per unit.

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• Price of Bitcoin He was about to mark new historical maximums.
• He reached the USD $ 111,925 an hour ago.
• However, settlements for more than USD $ 192 million were recorded.
• It is still aimed at new historical maximums.

In the midst of an unexpected market, the price of Bitcoin was very close to marking new historical maximums, this after approaching the USD $ 112,000 per unit during the afternoon of this July 9, although at the time of edition it is quoted at some USD $ 111,074.

According to information from our section Cryptocurrencies, The price of Bitcoin He marked a peak of USD $ 111,925 exactly at 4:10 pm (New York Time), located very close to the USD $ 111,970 recorded on May 22, this being the highest value reached by the digital currency throughout its history (ATH) for the moments.

From the hand with this increase in the price, we have that in the last 24 hours more than USD $ 54,770 million in commercial operations have been moved. This figure represents an increase of 25.4% compared to the values ​​seen yesterday.

Unforeseen settlements

For the moment in which Bitcoin It was aimed at new historical maximums, the market responded strongly with the liquidation of more than USD $ 120 million in operations.

According to data from Sosovaluethese liquidations generated an immediate drop in the price of Bitcoin, Making the currency go back to the USD $ 110,760 per unit, point from which it now returns upwards, showing possibilities to exceed the aforementioned maximums again.

The fluctuations seen in the price of Bitcoin They occur at a special moment for the main digital currency, especially now that it enjoys great interest within the most traditional financial spheres.

First, there are funds quoted in the stock market (ETF) based on BTC, which recorded on July 8 tickets that exceeded the USD $ 80 million, this despite the uncertainty of the new tariff policies implemented by the Trump administration for allied nations in commercial matters.

On the other hand, there are the movements reported by entities that handle reservations in the main digital currency. The case of Strategy, company directed by Michael Saylor, which already has almost 600,000 BTC In his corporate treasury. This path also runs through other companies recognized both inside and outside the US, highlighting names such as Metaplenet, Semler Scientific, Mara Digital, among others.

For now, it only remains to be seen what Bitcoin takes in the next few hours, and if indeed, after the moves that may take place today, it finally manages to assemble on the USD $ 112,000 per unit and mark new historical maximums.

Angel Di Matteo / article Diariobitcoin

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WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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