$BTC New Bitcoin Record in Numbers. 🚀🚀
Bitcoin has updated its all-time high. What will happen to the exchange rate and other cryptocurrencies?
On July 11, the price of Bitcoin broke the $118,000 level for the first time in history, while Ethereum returned to a price of $3,000, last seen in early February. Analysts surveyed by 'RBC-Crypto' attributed the rise to capital inflows into Bitcoin exchange-traded funds (ETFs), a shortage of supply of the main cryptocurrency, and expectations of a softening of monetary policy by the US Federal Reserve. Experts predict further growth for Bitcoin to $150,000 and for Ethereum to $4,000 this year, noting a lack of interest from investors in altcoins.
As of 16:30 Moscow time on July 11, Bitcoin was trading at $117,600, slightly down from its maximum price of nearly $118,300, reached a few hours earlier. Ethereum is trading around $3,000, according to Binance.
