#BTCNewATH Bitcoin has recently achieved a new all-time high (ATH), surpassing $106,000 on December 15, 2024. This surge is attributed to factors like institutional adoption, increased investor interest following the approval of multiple Bitcoin spot ETFs, and favorable macroeconomic conditions. Analysts predict that Bitcoin could reach $120,000 by the end of the year, driven by ongoing institutional purchases and regulatory optimism under the incoming U.S. administration.
This achievement builds on Bitcoin's previous ATH of $68,789 in November 2021, reflecting growing adoption and the asset's perception as "digital gold" amid inflation concerns and market uncertainties.