Bitcoin is heading towards a new historical peak.. The price of the currency jumps to 122 thousand dollars

The value of the digital currency Bitcoin has risen significantly in recent days, recording an increase of 3.3% to reach a level of 122,000 US dollars, approaching its all-time highs recorded in mid-July. This rise is attributed to increasing demand from institutional investors who show a growing interest in digital assets.

At the same time, the Ethereum currency has also seen a notable increase, as its price exceeded 4,300 US dollars over the weekend, marking the highest price recorded for the currency since December 2021. This increase also reflects growing confidence in the cryptocurrency market in general, in addition to increasing investments in this field.

These gains in Bitcoin come with an increase in investments by what are known as digital asset treasury bond companies, which are publicly listed firms that have decided to shift towards accumulating cryptocurrencies as part of their assets.

According to data collected by the "CoinGecko" platform, these companies have so far amassed a stock of Bitcoin worth up to 113 billion US dollars, reflecting a growing institutional trend towards digital currencies as part of their financial strategies.