Bitcoin, the world’s most popular cryptocurrency, has once again set a new record. Earlier this week, its price in the international market surpassed 122,800 US dollars — the highest in Bitcoin's history to date.According to analysts, the price surge is driven by progress in crypto-related regulations in the United States, particularly the approval of spot Bitcoin ETFs and increased interest from institutional investors.
Additionally, a crypto-friendly political climate in the US has helped restore investor confidence in the market.Growing global interest in cryptocurrencies has also significantly shifted the supply-demand balance, further fueling the price increase.Economists note that institutional "whales" — large-scale investors — have played a key role in this surge.
Their active involvement in the Bitcoin market laid the foundation for this new record.Since the beginning of the year, Bitcoin’s price has risen by nearly 30 percent. This has sparked great enthusiasm among investors,
many of whom now consider Bitcoin a potential safe digital asset for the future.However, experts warn that investors should remain cautious, as Bitcoin is known for its high volatility and carries significant risk.
