Historical day for cryptocurrencies. Bitcoin breaks the record
Bitcoin set a new record – the cryptocurrency price exceeded 120 thousand. hole. The increase is associated with Trump’s policy and the influx of funds to ETF.
Bitcoin reached the highest level in history, crossing the limit of 120 thousand. hole. for one unit. This breakthrough result was recorded after a period of stabilization of the course around the level of 100,000. dollars, which took place after the re -election of Donald Trump as president of the US – informs Bloomberg.
Economic policy
According to analysts, the increase in Bitcoin’s value is related to the current economic policy of the new US administration. Although the market initially reacted uncertainly to Trump’s victory, the fears were quickly replaced by optimism and growing interest in cryptocurrencies.
George Mandres, a senior trader in XBTO Trading LLC, emphasizes that investors are increasingly perceiving Bitcoin as “values magazine”, and not only speculative act. In his opinion, recent increases show a more mature market approach and the growing role of Bitcoin as financial security.
ETF on bitcoin
In addition to political factors, the cryptocurrency course is also influenced by the inflows of ETF funds based on Bitcoin and Ethereum. On Monday, the entire cryptocurrency market gained 1.9 percent, and the value of Bitcoin increased to $ 121 344. This means an increase of over 30 percent. Compared to December 2024, Bitcoin gained over 100 percent per year.
The increase in the value of this most popular cryptocurrency has also translated into other digital assets: Ethereum gained 1.5 percent, and XRP and Solana after about 2.7 percent.
Bitcoin, which appeared in 2009, was the first cryptocurrency in the world. Its creator is a person (or group) using the pseudonym Satoshi Nakamoto. He initiated a revolution in the world of finance, introducing a decentralized currency independent of government institutions and banks.
Unlike traditional payment measures, Bitcoin operates on a computer network, and all transactions are saved in blockchain – a distributed register ensuring security and transparency. One of the key elements of this cryptocurrency is limited supply – there will be a maximum of 21 million coins in circulation, which means that many investors treat it as a digital equivalent of gold.
