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The world's largest cryptocurrency, Bitcoin, has renewed its all-time high price record after a long break.
The previous all-time high price record for Bitcoin was $111,900, according to the averages of cryptocurrency exchanges. On Binance, Bitcoin broke that record at $111,999.
Chart showing BTC price breaking record.
The trigger for the record-breaking move is attributed to the fact that US President Donald Trump’s tariff threats are no longer being taken seriously by markets. The tariffs were last postponed to August 1, as they were previously.
*This is not investment advice