Bitcoin reaches a new all-time high of US$119,200 per coin after soaring 1.32% in the last 24 hours, Sunday (13/07). The main catalyst for this price surge came from Michael Saylor's social media post on July 13, which shared a chart of Bitcoin accumulation by his company, Strategy. BTC reserves on exchanges have also reached a 10-year low, with only 1.25% of the total supply remaining, indicating an increasing tendency for investors to store BTC in personal wallets and reducing selling pressure in the open market.
