#BinanceAlphaAlert #BTCBreaksATH110K
🚀🚀Bitcoin continues to rise and has surpassed $110,000 for the first time. 💵💸🌋
Bitcoin has exceeded $110,000 for the first time in its history, following a 3% increase in the last 24 hours.
Bitcoin has surpassed $110,000 for the first time in a recent surge that has seen it gain 3% in the last day, breaking previous price highs for this year.
Bitcoin
BTC
97,603 €
reached a new all-time high of $110,788.98 on Coinbase just before 11:30 PM UTC on May 21, according to TradingView.
Bitcoin has gained around 3% in the last 24 hours, surpassing its all-time high of $109,458 that it reached earlier in the day, the first time it has traded above its previously sustained peak of January 20.
The largest cryptocurrency in the world has gained 17.5% so far this year and has risen 47% since its drop to $75,000 on April 7, triggered by the sweeping tariffs imposed by US President Donald Trump that affected global markets.
Bitcoin's new peak coincides with turmoil in US stock markets due to a weak 20-year bond auction, which caused Treasury bond yields to spike on May 21. The S&P 500 fell 80 points in half an hour, while the Nasdaq and Dow Jones reflected the movement, with all US indices trading lower that day.
