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Bitcoin reaches 111 thousand dollars, but this gathering is very strange

Bitcoin, the leading cryptocurrency by the maximum market, Rise To a new standard of $ 111,888 on the Bitstamp Stock Exchange earlier today.

The leading cryptocurrency has now increased by more than 8 % over the past 24 hours.

The maximum Bitcoin market is now approaching $ 2.2 trillion, bypassing Amazon.

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Silent crowd

However, the latest mass rally has been described as “silent”. Analyst Connor Graghan noted that this is the least amount of daily bitcoin size that was recorded via stock exchanges at all.

Huge ETF flows

Meanwhile, the Bitcoin exchange funds (ETFS) recorded $ 614 million flows on Wednesday, and expanded their very impressive scope.

Many analysts believe that the leading cryptocurrency is likely to see more institutional demand in the continuous gathering.

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