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Bitcoin price today: Rising to a 4-month high at $105,000
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Bitcoin continued its gains on Monday,
hovering near its highest level in four months, supported by easing global trade tensions and improved macroeconomic indicators, as investors also weigh Moody's downgrade of the U.S. sovereign credit rating.
The largest cryptocurrency in the world rose by 1.4% to $104,815.5 by 02:51 Saudi time, after having jumped above $107,000 earlier in the session.
The digital currency reached its highest level since late January 2025 and was on the verge of surpassing its all-time high of $109,228.
The rise in Bitcoin is supported by shifts in macroeconomics and regulatory support.
