#ArbitrageTradingStrategy
The world’s largest cryptocurrency, Bitcoin, has hit an all-time high of $121,207.
The surge comes amid US President Donald Trump’s crypto-friendly policies and a debate in the US House of Representatives over the regulation of digital assets.
Trump, who has dubbed himself the ‘crypto president’, has called on policymakers to legislate in favor of the industry.
According to analysts, the crypto market is currently facing positive factors such as institutional investment, Trump’s support, and expectations of profits. Analyst Tony Sycamore has said that the surge could easily reach $125,000.