Bitcoin jumps to the highest new level ever, bypassing the previous record in January

Bitcoin It rose to the highest new level ever on Wednesday, breaking his record in January.

The price of the leading cryptocurrency in the last hovering over the flat line was at 106,678.74 dollars, according to the currency standards, after it fell with the rise in treasury revenues and the shares fell to its lowest levels in the session. Earlier, it rose to 109,500 dollars.

“The new Bitcoin collection has been prepared through a group of favorable components in the total boiler, which is the most enlarged inflation numbers in the United States, the abolition of the escalation in the US -Chinese trade war, and MOODY lowering the American sovereign debt, which shed light on alternative stores from the value of Bitcoin,”

“We have entered a completely different alternative world from early April when global total concerns were at its peak and Bitcoin declined to $ 74,000,” he added. “It is possible that a three -month window will be opened in order for the assets of risk to flourish, as a broader agreement has been eliminated between the United States and China.”

After being exposed to several weeks, with the uncertainty related to the tariff, the price of bitcoin was steadily climbing in May, an increase of 13 % for this month. Cumulative flows in investment funds circulated in investment funds circulated in the investment funds circulated by Bitcoin $ 40 billion last week and witnessed only two days of external flows in May, according to Sosovalue. The cryptocurrency has benefited from both liquidity in the stock market while giving a boost to risk assets, as well as the recent risk scenarios of concerns about definitions and deficit in the United States that paid gains in gold as well as bitcoin.

The data on the chain also shows the low sale pressure as shown in bitcoin flows in exchanges and increased liquidity in the encryption market as it was measured with new records of the amount of Tether Stablecoin USDTA scale for the liquidity of the encryption market, sitting on exchanges, according to Cryptoquant.

Investors expect the upcoming stimuli, including organizational updates as well as treasury investments for companies, to push bitcoin prices up. Since the beginning of the year, the number of bitcoin that public companies retained by 31 % to about 349 billion dollars, according to the Bitcoin Treasury. This includes 15 % of the total bitcoin supply.

Earlier this week, the Senate I voted to settle legislation This would create the first regulatory framework in the United States for Stablecoins, a main sector of the encryption market. President Donald Trump said he wanted to see the organization of encryption on his office and ready to sign up by August before Congress was in a rest period.

Also this month, Coinbase joined the S&P 500, owned by Wall Street Praise For the encryption industry.