A day after yesterday, Bitcoin reached $ 112,000. Bitcoin has officially reached the highest new level (ATH) of $ 113,900, and its re -diagnosed ups in late June extend. Just 18 days ago, BTC was trading about $ 98,000. Today, ATH highlights the accelerated global transformation towards Bitcoin’s show as a valuable store and a strategic origin.
Meanwhile, bitcoin shorts have been filtered at a value of $ 50 million in the past hours, and more than $ 1.5 billion from Bitcoin’s short positions are liquidated at $ 120,000, according to Coinglass data. If Bitcoin continues its upward path, the massive short pressure can be turned on, forcing the declining merchants to buy at higher prices and increase the speed of the price procedure.
according to PolymarketThe world’s largest platform in the world, which is the most likely result of hitting $ 115,000 by the end of July is 80 % and 44 % opportunity to strike $ 120,000.
In an interview with BloombergChristopher Waller, a member of the Federal Reserve Board, is considering reducing interest rates this month, which may provide bitcoin to become higher.
President Donald Trump, who was severe the pressure Federal Reserve Chairman Jerome Powell to reduce interest rates, and even The name In order to resign and investigate Powell by Congress, he published about the price of bitcoin today at his social account, in fact, as well as arrows that reach record levels. “Checks, through the ceiling,” the president stated. “The Federal Reserve must decrease quickly to reflect this strength.”
Earlier in the day, it was reported that 99.85 % of all Bitcoin addresses were in a profit, as this number reached 100 % with bitcoin destroying through its new rise over $ 113,900.
Since November 16, 2022, El Salvador has been bought with bitcoin daily for the same treasury. Now, the country collected more than 6,233 BTC in their wardrobe. After the progressive price movement today, bitcoin reserves of El Salvador exceeded $ 700 million.
The post Bitcoin Hits New All Time High Of $113,900 As Adoption Accelerates first appeared on Investorempires.com.
