Reported about 5 hours ago
Bitcoin has reached a historic milestone by surpassing $120,000 for the first time, hitting a peak of $122,571.19 before settling at $121,952.61. This surge follows strong institutional demand and expectations of favorable regulatory developments, as U.S. lawmakers prepare to discuss bills that could reshape the digital asset industry. The growing acceptance of Bitcoin as a long-term reserve asset, alongside increased interest from Asian investors, signals a significant shift in its role within the global financial system.
Source: YAHOO