#BTCBreaksATH O Bitcoin recently surpassed its all-time high, exceeding $112,000. This increase is attributed to massive institutional capital inflows through approved spot ETFs in the United States. Here are some key statistics:
- Market Capitalization: $2.22 trillion
- 24-hour Trading Volume: $59.40 billion
- Circulating Supply: 19.89 million
- Maximum Supply: 21 million
Analysts have varied outlooks on Bitcoin's future price movement:
- Bullish: Some predict continued growth, with potential targets above $115,000.
- Bearish: Others foresee a correction, with possible drops to $107,300 or even lower.
Recent news and trends include:
- Price Increase: Bitcoin's price rose 5.41% in the last week and 20.39% in the last six months.
- Institutional Investment: ETFs have driven significant capital inflows, contributing to the rise in Bitcoin's price.
- Market Sentiment: Analysts debate whether Bitcoin will continue to grow or face a correction.