Bitcoin (BTC) has seen a stunning surge as it crossed the $101,000 mark, setting a new all-time high. This represents an increase of more than 3% in the last 24 hours, with strong trading in global markets. According to Binance data, Bitcoin hit a high of $101,888, while its low for the day was $97,248, with a trading volume of over $3.65 billion on Binance alone.
Market Analysis
Trading data indicates continued positive momentum, supported by investor confidence and growing institutional interest. The attached chart from Binance shows daily price fluctuations, with the coin crossing its key moving averages (MA7 and MA25), indicating a bullish trend in the near term.
The importance of achievement
Breaking the $100,000 barrier is a pivotal moment in Bitcoin’s history, cementing its position as a leading digital asset amid the continued expansion of cryptocurrency use globally.
To follow more about this great achievement, you can view the details via the platform
Binance and.