#BTCBreaksATH Bitcoin is making waves again! According to the latest data, the price of Bitcoin has surged to $110,888.27, with an increase of 1.87% over the last 24 hours. This rise has led to a new all-time high, with some forecasts suggesting it could reach $115,000,$ or even $120,000. However, profit-taking could cause the price to drop to $109,500,$ or lower.
Here are some key statistics ¹ ² :
- *Current Price* : $110,888.27
- *Market Capitalization* : $2.16 trillion
- *24-Hour High* : $111,999.79
- *24-Hour Low* : $108,503.00
- *Percentage Change* : 1.87 %
The recent price action of Bitcoin has also impacted its dominance in the cryptocurrency market, reaching 64%. Analysts are keeping a close eye on the market, expecting potential fluctuations. Some experts believe that Bitcoin could enter an "Euphoria Zone," characterized by increased profit-taking and demand for long leverage, similar to previous all-time highs ³.