Bitcoin reaches new all-time high, fuels crypto bull run
The cryptocurrency, Bitcoin (BTC), established a new all-time high on Thursday and continued its upward momentum into Friday as the highly regarded digital asset reached $118,856 per BTC.
Cryptocurrencies are known for their extreme volatility, which was the case on Friday when Bitcoin increased nearly $3,000 within five minutes, according to CoinMarketCap.
Bitcoin surges to new all-time high
BTC is up 105.7% on its year-to-date (YTD) measurement, which is the current price of an asset compared to the price exactly one year earlier. BTC grew from $57,341 on July 11, 2024, to its current price of nearly $119,000.
In a smaller time frame, the price of BTC over the past week has grown by 9.83%, with Bitcoin’s…
