BITCOIN REACHES NEW RECORD ABOVE 118,000 DOLLARS AND CHALLENGES AMAZON
Bitcoin has established a new all-time high, surpassing the threshold of 118,000 dollars and consolidating its position among the leading global financial assets. The pioneering cryptocurrency continues its unstoppable rise, fueled by increasing institutional investments and mainstream adoption.
The milestone takes on particular significance considering that Bitcoin is competing with Amazon for fifth place in the ranking of the most capitalized financial assets on the planet. This competition highlights how digital gold is rapidly gaining credibility in the traditional financial landscape.
Bitcoin's rise is supported by several key factors: the growing adoption by companies and governments and record inflows into cryptocurrency-focused ETFs.
The current momentum suggests that Bitcoin has definitively surpassed its status as a speculative asset, establishing itself as a recognized digital store of value at the institutional level.
