Bitcoin, the leading cryptocurrency, Rise To a rise in the day 99434 dollars on the Coinbase exchange.
The leading currency has reached its highest level since February 21, and it is now amazing from reaching the level of $ 100,000 for the first time since February 7.
The last bullish momentum comes after ISHares Bitcoin Trust (IBIT) recorded from Blackrock 17 consecutive days of flows. The product attracted $ 5 billion of fresh money in just weeks, indicating strong institutional demand. like It was mentioned by u.todayBrown University became the first Lagi School in IVY to unveil the position of Ibit last week.
The CEO of BitWise Hunter Horsley has noticed that Bitcoin attracts little Google search interests despite high prices. This means that retail investors remain on the sidelines of the continuous price increase.
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Decreased demand for retail can also be confirmed by performing anemia for alternative cryptocurrencies. As U.today, Bitcoin’s dominance also reaches new multi -year new peaks, steadily approaching 70 %. The maximum market in the cryptocurrency is now on the threshold of hitting $ 2 trillion. It is also about to override the retail, Amazon.
Earlier this week, two states (New Hampshire and Arizona) signed the SBR strategic bills (SBR) in the law. Many other American countries are studying similar bills.
It remains to see whether this bullish momentum will be sufficient to push Bitcoin to a new record later this month despite the lukewarm demand for retail. Bellweether Cryptocurrency has reached its current peak of 108,786 dollars on January 20.
