Bitcoin establishes a fresh maximum on USD $ 123,500
By Hannah Pérez
Bitcoin market capitalization reached USD $ 2.5 billion for the first time in history, which assured the cryptocurrency of its place as the fifth largest asset in the world, just above Google.
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- Bitcoin first arises over USD $ 123,500.
- In less than a month, a new historical maximum is ensured.
- Cryptocurrency market capitalization is at levels never seen.
- ETH exceeds Bitcoin’s profits, but still does not conquer records.
Bitcoin (BTC) a new historical height on the USD $ 123,500 was secured as the upward action in the cryptocurrency market spread in the afternoon (ET) on Wednesday.
The data of Coinmarketcap They show that the oldest and oldest cryptocurrency in the world for the first time touched a price level of USD $ 123,616 This afternoon, establishing a new record in relation to the US dollar. Bitcoin He had marked his previous one on July 14, slightly above the USD $ 123,000.
The price increase consolidated Bitcoin Like the fifth largest asset in the world, just above Googlewith an unprecedented market capitalization of USD $ 2.5 billion. The cryptocurrency far exceeds Amazonwith a capitalization of USD $ 2.39 billion, but it is still well below Applecurrently valued at USD $ 3.4 billion.
The rebound of more than 2.6% price for BTC in the last 24 hours is aligned with a broader upward action in the market, with profits led by Altcoins as Ethereum (Eth) and Solarium (SUN). The generalized impulse was earlier in a new USD record $ 4.2 billion for the total capitalization of the cryptocurrency market.
ETH still exceeds Bitcoin’s profits
Regulatory clarity and renewed institutional demand are feeding the optimistic narrative in the cryptocurrency market, with the funds quoted in the stock market (ETF) of Bitcoin and Ethereum attracting huge capital flows of investors and corporations accelerating their cryptocurrency purchases for their treasury strategies.
The ETF of Ethereum The counted have been dominating, with tickets for more than USD $ 1.5 billion in the latest sessions, as the second largest cryptocurrency accounts for institutional attention. The ETF Bitcoin They have seen lower tickets for USD $ 244 million in the same period in the middle of a recent deceleration of the flows for that group, according to data from Sosovalue.
ETH has increased more than 55% in the last month and more than 40% in the year to date, –Faced with the approximate profits of Bitcoin 30% in the period-, in the middle of the appetite of institutional and corporate investors. Even so, the second largest cryptocurrency has failed to reconquer its price maximum price of 2021. It is located at USD $ 4,740 at the time of editing.
BTC is around USD $ 123,200 for when this article is published, with a modest gain of 2.8% in the last 30 days.
Hannah Estefanía Pérez / Diariobitcoin
Image generated with AI tool, under free use license
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