Bitcoin Sets New All-Time High At $124,000 As Record-Breaking Surge Continues
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Bitcoin has reached a new all-time high of $124,000, driven by the inclusion of cryptocurrency in 401(k) plans and positive macroeconomic indicators. Trading volume surged by 26% to $93.06 billion, with Bitcoin up over 32% this year. The increase follows President Trump's executive order facilitating alternative investments in retirement accounts and a lower-than-expected consumer price index, raising hopes for a Federal Reserve rate cut. Currently, Bitcoin is trading at $124,387.22, reflecting a 3.67% increase in the last 24 hours.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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