With a value of $52,292.00, bitcoin has attained a new peak. Comparing this to the prior all-time high of $48,983.00, which was reached in November 2021, shows a considerable increase.
As more and more institutional investors start to make cryptocurrency investments, the price of Bitcoin has been skyrocketing in recent months. While some analysts think Bitcoin’s price may soar much further, others think a correction is overdue. What the future holds for Bitcoin is unknown at this point.
Source (CNBC)
