Bitcoin reaches its highest levels ever, as it exceeds $ 113,000

Climbing continues in a busy summer of the famous digital assets, which has spent most of the past few months over $ 100,000, a standard for the first time in December 2024 before returning to $ 75,000 in April.

The assembly can be attributed to a large extent to the election of President Donald Trump in November, which Encryption At the campaign’s path and promised a series of encryption policies, including the government strategic reserves carrying Bitcoin, which he signed as an executive order after taking office in January.

According to Andy Baehr – Coindsk Indices, who measures the performance of digital assets – ETFS encryption The Ministry of Treasury weighing in companies leads a lot of the last price movement, as long -term holders get profits. Other famous cryptocurrencies also work with Solana An increase of approximately 6 % during the past week and ethereum Nearly 10 %, according to data from Binance.

Bitcoin Boom

It was originally conceived in a white paper by the Satoshi Nakamoto in 2008, as a first encrypted currency, or a type of decentralized currency that is not controlled by one entity or a government. While thousands of cryptocurrencies have ever appeared, Bitcoin remains largely the largest, with a $ 2.25 trillion market, compared to $ 340 billion of Ethereum.

While the price of Bitcoin has spent most of its presence on a group of rotation-increasing and declining again amid the breaks, collapses and scandals-it has grown steadily since late 2022, when the bankruptcy of the FTX encryption was sent to the manual “winter”. However, the real Bitcoin explosion came after Trump adopted the cryptocurrency on the Campaign’s path, as Bitcoin reached $ 100,000 for the first time after his election.

The organizational landscapes have helped the ice and subsequent institutional adoption stimulate the assembly. Securities and Stock Exchange Committee first consent Etfs Bitcoin in early 2024, which allowed investors to put money in the vehicles traded on the stock exchange that held the cryptocurrency without keeping it directly. In recent months, the companies circulated publicly I started sticking Bitcoin in Treasury bonds – a preaching Michael Sailor strategy, which is one of the largest cryptocurrencies.

For the trial project that was first depicted as an alternative financial system, Bitcoin is increasingly dominating companies and funds circulating publicly. But if the mysterious architect, Satoshi, returns to his appearance, he will become one of the richest people on the face of the earth. His hideout is now about $ 100 billion.