🪙Bitcoin Breaks ATH

Today BTC reached a new high of $124,474 exactly one month after the level of $123,000 was marked on July 14. A key factor in the continuation of BTC's upward trend was the CPI report on August 12, which showed a slowdown in inflation growth.

🐂Also contributing to the rise is the influx of capital into ETFs: on August 13, about $86.9 million was invested in Bitcoin ETF and $729.1 million in Ethereum ETF. Meanwhile, ETH is just 3% short of breaking a new ATH.