Bitcoin’s Bull Run Deepens, Crypto Hits All-Time Peak of $112,000
Bitcoin’s rally also had a spillover effect on the wider crypto market. Ether, the second-largest digital currency by market value, climbed to a one-month high of $2,794.95 before settling at $2,740.99, up over 5% on the day. Shares of crypto-linked firms also responded positively. Strategy, co-founded by prominent bitcoin advocate Michael Saylor, gained 4.7% to close at $415.41, while Coinbase Global advanced 5.4% to $373.85.