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Bitcoin hit a record high on Thursday, as the world’s largest crypto was underpinned by growing expectations of a September interest rate cut and optimism over more corporate buying.
World no.2 crypto Ether also advanced on Thursday and was in spitting distance of a 2021 record high. The crypto was also boosted by a slew of corporate buying this week, as more companies adopted a Bitcoin treasury strategy popularized by Michael Saylor’s MicroStrategy.
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Bitcoin hit a record high of $124,436.8, before trimming gains to trade up 3.2% at $123,164.1 by 00:47 ET (04:47 GMT).#BNBBreaksATH #MarketGreedRising #BTCBreaksATH
World no.2 crypto Ether also advanced on Thursday and was in spitting distance of a 2021 record high. The crypto was also boosted by a slew of corporate buying this week, as more companies adopted a Bitcoin treasury strategy popularized by Michael Saylor’s MicroStrategy.
$
Bitcoin hit a record high of $124,436.8, before trimming gains to trade up 3.2% at $123,164.1 by 00:47 ET (04:47 GMT).#BNBBreaksATH #MarketGreedRising #BTCBreaksATH
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BTC
117,700.31
-1.10%