Bitcoin Soars Past $112,000, Establishing a New All-Time High Amid a Tech-Fueled Risk Appetite Surge
1 week ago / Read about 0 minute
Author:小编   

NVIDIA's market capitalization soared past the $4 trillion milestone, igniting a rally in U.S. tech stocks and intensifying investors' risk appetite. This bullish sentiment spilled over into the cryptocurrency market, pushing Bitcoin, the world's largest digital currency, to unprecedented heights. According to Coin Metrics, a leading provider of cryptocurrency data and analysis, Bitcoin's price peaked at $112,052.24 before 4 p.m. EST on Wednesday, eclipsing the previous record of $111,999 set on May 22. While Bitcoin's price has since experienced a modest retracement, it continues to hover comfortably above the $111,000 mark. This year alone, Bitcoin has recorded a staggering gain of nearly 20%.