Bitcoin surpasses $110,000 and approaches its all-time high.
As financial markets navigate a volatile geopolitical climate, Bitcoin has just crossed another significant threshold: $110,000. This level, which has been surpassed for two weeks, represents a technical shift that goes beyond just a recovery. In fact, this movement signifies a reshaping of the active forces in the cryptocurrency market, where price dynamics, speculative positions, and institutional arbitrage seem to enter a new phase.
The rise in Bitcoin's price is driven by the geopolitical context.
Bitcoin's price exceeded $110,000 on Monday, marking the first level since its historic peak at the end of May, confirming a noticeable return of optimism to the markets.
This increase comes amid the resumption of trade discussions between the United States and China, which enhances the market's calmer dynamics.
Other cryptocurrencies also benefited.