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Bitcoin

Bitcoin Steadily Approaches $106,000

By admin
0 85

Bitcoin Steadily Approaches $106,000

Bitcoin, the leading cryptocurrency by market capitalization, reached a new local high of $105,976 earlier this Sunday on the Bitstamp exchange.

After giving up some gains, the flagship cryptocurrency is currently changing hands at $104,619.

As noted by Bitwise CEO Teddy Fusaro, Bitcoin has now managed to surpass the previous local high of $105,787 on May 12.

New local high has been installed, $105,950.

Next level to watch is the all-time-high from January 20 of $109,358. https://t.co/G9xCHVC0zN

— Teddy Fusaro (@teddyfuse) May 18, 2025

As reported by U.Today, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” recently predicted that the leading cryptocurrency could surge to $250,000 this year.

At press time, Bitcoin is less than 5% away from reclaiming its record high.

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