Bitcoin surpasses $118K, its second all-time high, in less than 24 hours

Bitcoin has received the highest level of US $ 118,900 on Friday 113,822, which is more than a previous record, on Thursday.

During this article stops around Bitcoin’s price $ 117,400.

This is a significant stage for Bitcoin because it emphasizes the adolescent, now high $ 76,000 in early April. Fell to about $ 49,000 last August.

Some analysts believe that if it reaches $ 150,000, shopping will build anger. It is important to note that as many cryptos, as many cryptos, can be very unexpected. No one really knows what happens next.

Some factors that contribute to Bitcoin’s increase include the position of the President Trump’s cryptoist, which is more interested in institutional investors. (This includes the groups, banks and hedge funds.) These investors buy Bitcoin with expectations to play a more important role in the financial sector of cryptos.

Trump in March The executive signed the order Establishment of a strategic bitcoin reserve.